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Doug Vissicchio
Head of municipal sales, trading and underwriting at UBS, offering front‑line perspectives on muni market technicals, liquidity, and trading trends.
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Dec 9, 2025
• 22min
Muni Panel - 2026 outlook discussion with UBS & Nuveen
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Doug Vissicchio, the Head of Municipal Sales at UBS, shares his insights alongside Daniel Close from Nuveen. They delve into the underperformance of 2025 in the muni market, exploring opportunities amid current challenges. A bullish outlook for 2026 is discussed, with predictions of $600B in supply and sustained inflows. They highlight the shift towards SMAs and ETFs, as well as the impact of technology on research. Vissicchio emphasizes improved liquidity and how upcoming Fed cuts might influence investor behavior in the market.
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