Oppenheimer Public Finance presents a comprehensive report on the trends and dynamics shaping the municipal market in 2025. Several key themes stand out:
- All eyes on Washington: Fiscal policy will take center stage.
- A more cautious Fed: Monetary policy shifts could shape market sentiment.
- Elevated issuance: Higher, and possibly accelerated, supply is anticipated.
- Stable demand: Investors are likely to maintain their interest in municipals.
- Moderate economic growth: A steady economy underpins the municipal market.
- Headline volatility: Both U.S. Treasuries and munis may be impacted by shifting narratives.
- Emerging risks: Cyber threats, climate challenges, and demographic changes remain in focus.
These factors are explored in depth in our outlook report. Whether you’re focused on navigating policy developments, assessing credit risk, or positioning for market volatility, this resource is designed to help you stay informed and prepared for the year ahead.
To access the full report, please complete the form below.
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DISCLOSURES
This notice is provided for informational purposes only, and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial instrument. Nothing contained herein shall constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction where such offer or solicitation would be prohibited.
This notice may contain statistical data cited from third-party sources believed to be reliable, but Oppenheimer & Co. Inc. does not represent that any such third-party statistical information is accurate or complete, and it should not be relied upon as such. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice.
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