Muni bonds see resurgence as airports ramp up bond sales

Municipal bonds are seeing an uptick in issuance as airports look to tap the market to fund infrastructure projects. Major city airports such as Chicago, Atlanta, and Dallas are reviving plans to renovate and expand their facilities, and are turning to the $4 trillion muni market for funding. Despite rising interest rates, investors are finding opportunities in the muni bond market, with yields now offering higher income potential. Airports bonds, in particular, are appealing to investors, with AAA-rated bonds offering extra yield compared to other sectors.