EPISODE · Aug 15, 2025 · 17 MIN
Attractive Levels Garnering Attention
from The Muni 360 Podcast from New York Life Investment Management · host Matt Hage, Chris Roberti
Issuance is up, the curve is steepening, and tax policy is finally clear—conditions that have muni investors taking a closer look.In this episode, host Chris Roberti is joined by Matt Hage, Portfolio Manager at MacKay Municipal Managers, for a timely look at market dynamics and positioning. Matt shares why issuance is running 20% above last year’s record pace, how shifts in the curve are opening long-term opportunities, and what the “One Big Beautiful Bill” means for tax policy and sector risk. They also discuss credit fundamentals, potential catalysts for a rally, and why active management may be better equipped than passive strategies in today’s environment.Follow UsTwitter @NYLInvestmentsTwitter @MacKayMuniMgrsFacebook @NYLInvestmentsLinkedIn: New York Life InvestmentsLinkedIn: MacKay Municipal ManagersPresented by New York Life Investmentswww.newyorklifeinvestments.comMacKay Municipal Managers is a team of portfolio managers at MacKay Shields. MacKay Shields is 100% owned by NYLIM Holdings, which is wholly owned by New York Life Insurance Company. “New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.SMRU: 8252992.1 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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What this episode covers
Matt Hage shares how muni supply, curve shifts, and tax clarity are shaping the market and where the best opportunities may lie.
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Attractive Levels Garnering Attention
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