Top of the Morning: Muni Market Guide - Abundant supply tempers performance

Sudip Mukherjee, a Senior Municipal Strategist for the Americas at UBS Chief Investment Office, brings his expertise to discuss the relaunch of the Municipal Market Guide. He analyzes shifting performance trends in the muni market and addresses the impact of record supply on investment-grade bonds. The conversation delves into tax-equivalent yields for high-bracket investors and explores the challenges faced by private higher education institutions. Sudip also sheds light on the effects of recent Federal Reserve rate cuts and upcoming trends related to municipal tax exemptions.