Muni rates move higher with treasuries. Demystifiying alternative minimum tax. Sitting in cash still a pain point. We explain in our latest MacKay Municipal Monitor.


Previous Articles

High Tax vs National Debate Rages On

Rates Rally on Week, Munis Trail Slightly. Why going National Isn’t A Given. Eyeing Munis in Different Cycles. We explain in our latest MacKay Municipal Monitor.

Parsing Through the Data on Wealth Tax Initiatives

Municipals underperform on the week. State-level “Millionaire Taxes” expand; wealth taxes remain tail risk. Seasonal supply and demand. We explain in our latest MacKay Municipal Monitor.

Muni Issuance Crowds Inside 10 Years

Municipals outperform on the week. The demand is real for exempt income. Muni seasonality comes into play. We explain in our latest MacKay Municipal Monitor.

Credit Questions Emerge Amidst Strong 2026 Start

Munis move back into pole position. New York City: headlines vs. fundamentals. Outlook for federal support. We explain in our latest MacKay Municipal Monitor.

And We Are Back!

Munis outperform to ring in the new year. Recapping 2025 to set table for 2026. Active momentum quite apparent in product creation. We explain in our latest MacKay Municipal Monitor.

Subscribe to get MacKay Shields insights delivered to your inbox.