Bloomberg – Kara South Quoted

June 6, 2024

Municipal Bond Portfolio Manager Kara South, CFA was quoted in a Bloomberg article, entitled, “Muni Market Faces $19 Billion Supply Wave, Biggest in Two Years.”

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GW&K Municipal Bond Market Commentary – 2Q 2024

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Municipal bond yields rose across the board in the second quarter, driven by elevated tax-exempt supply and Treasury market volatility. It all began in April, with broader rates spiking in response to accelerating job growth and a number of higher-than-expected inflation prints. Municipal bonds actually hung in well despite the month-long Treasury rout and demand

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State of California: Prudent Policies and Healthy Reserves Counter Revenue Volatility

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Municipal Credit Perspectives Tax revenue performance in the State of California is particularly susceptible to economic cycles given its highly progressive rate structure coupled with industry concentrations, including the technology sector. Although the state is accustomed to periods of revenue variability, the experience following the pandemic has been unlike any period in history. Positively, prudent

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