What Does Higher Inflation Mean for the Muni Market

Inflation’s long-run impact on munis will vary by sector and issuer. Hear from one of the industry’s premier thinkers.

Patrick Luby

Pat Luby is the Senior Municipal Bonds Strategist at CreditSights. Pat’s expertise in the Municipals market and industry trends has received acknowledgment from The Bond Buyer, Bloomberg, The Wall Street Journal, Barrons.com and ETF.com, among other financial and trade media, where he is frequently quoted on market moving developments. His unique perspective draws on his experience in the trading, research, sales, distribution and management of municipal bonds and municipal bond products, including separately managed accounts (SMAs), mutual funds and ETFs.

Pat’s current areas of focus include the impact on the market from the increasing reliance on taxable municipal bonds by issuers and the influence of fixed income ETFs on investor behavior and market structure.

Pat serves on the Board of Directors of the Municipal Analysts Group of New York (MAGNY) and is a member of the National Federation of Municipal Analysts (NFMA). Additionally, he is a member of the Fixed Income Analysts Society. Pat received his BA from the University of Florida.

Founded in 2000, CreditSights is a leading provider of independent fixed income research and over 1,000 of the world’s largest institutions use our acclaimed research. We do not underwrite securities or manage assets. In the municipal market, we concentrate our credit research on a select number of larger issuers that we believe may not be well understood. Our strategic reports provide professional investors and advisors with pertinent insights into a wide range of topics. In addition to the municipal bond market, our coverage spans the Investment Grade, High Yield, Distressed and EM sovereign markets with fundamental ratings on 1,000+ corporate bond issuers and credit risk scoring for over 5,500 corporate and financial companies.

Register for Insurance AUM Journal

Register today to confirm your status as an institutional investor and gain access to the latest thought leadership in the industry.

  • Thought leadership delivered to your inbox
  • Confirm your status as an Institutional Investor
  • Complete CFA Continuous Professional Development requirements

By clicking submit you confirm that you qualify as an institutional investor and you consent to allow Insurance AUM to store and process the personal information submitted above.

Lost password