The Wall Street Journal Quotes Howard Cure on Municipal Bonds
Evercore Wealth Management Director of Municipal Bond Research Howard Cure was quoted by The Wall Street Journal on the recent surge of investor interest in munis.
“When there’s less volume, there’s more money chasing after fewer and fewer bonds,” said Cure. “I think a lot of governments are still getting over how tight their finances were just a few years ago.”
A record $632 billion in assets are now in municipal bond funds, the article noted, citing Lipper data. That includes a net $22.5 billion invested so far this year.
To learn more about Evercore Wealth Management municipal bond research, contact Howard Cure at email@example.com.