EPISODE · Aug 21, 2026 · 23 MIN
Finding Value After the July Sell-Off
from The Muni 360 Podcast from New York Life Investment Management · host Eric Kazatsky, Jack Muller
After one of the toughest Julys for municipal bonds in decades, opportunity may be picking up, but only for those who know where to look. In this episode of the Muni 360 podcast, host Eric Kazatsky and guest Jack Muller dig into the forces behind the recent correction, what’s really happening with credit fundamentals, and how investors can position amid technical headwinds, political uncertainty, and shifting tax proposals. They break down the implications of the Missouri tax vote, what supply surges could mean for returns, and why higher yields should have muni buyers paying close attention right now. Whether you’re watching flows, digging for value, or weighing credit shifts, this conversation covers the essential market drivers you need to know. Watch the full episode now. Follow Us Twitter @NYLInvestments Twitter @MacKayMuniMgrs Facebook @NYLInvestments LinkedIn: New York Life Investments LinkedIn: MacKay Municipal Managers Presented by New York Life Investmentswww.newyorklifeinvestments.com MacKay 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: 8796789 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
Yields jump, credit stays strong, and political risks rise. Eric Kazatsky and Jack Muller explain where the muni market stands after July’s correction.
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Finding Value After the July Sell-Off
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