Solid credit fundamentals anchor municipal market

Though some of the year end volatility may be a preview of what is to come in 2025, we believe that the solid fundamentals in the municipal market will persist and be a stabilizing factor.

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MacKay Municipal Managers is a team of portfolio managers at MacKay Shields. MacKay Shields is 100% owned by NYLIM Holdings, which is wholly owned by New York Life Insurance Company. “New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.