Weekly Commentary | December 8, 2024 | VPV Tender, Tortoise Corp Actions, PDI, IGI, GBAB Buys
Summary
Equity markets hit new records, supported by lower interest rates and a strong, but not overly robust, jobs report, suggesting continued Fed rate cuts.
Muni CEFs are performing well; advised to pause buying as 10-year yields drop. Focus on Nuveen Municipal Income and RiverNorth Flexible Muni Inc.
PIMCO Access Income's premium is correcting; conside…
Keep reading with a 7-day free trial
Subscribe to Yield Hunting to keep reading this post and get 7 days of free access to the full post archives.