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Municipal Bond Yields
Municipal bond yields have fallen in
recent months and ended September
under 3.7%. Still, these yields are
about 250 basis points higher than
they were four years ago. The current
yields are thus attractive from this
perspective. We continue to believe
that municipal bonds can be
appealing to investors in higher tax
brackets.
Source: Bloomberg; Envestnet Quantitative Research Group (QRG).
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
9/30/2020 3/31/2021 9/30/2021 3/31/2022 9/30/2022 3/31/2023 9/30/2023 3/31/2024 9/30/2024 3/31/2025 9/30/2025
Bloomberg Municipal Bond Index (Yield-to-Worst)
20251003-4872948