MacKay Looks to Long-Dated Munis Ignored by Key Retail Investors
US state and local debt with long maturities offer “compelling” value in this less crowded corner of the market, according to the municipal investment arm of MacKay Shields.
By Amanda Albright · Bloomberg Markets
US state and local debt with long maturities offer “compelling” value in this less crowded corner of the market, according to the municipal investment arm of MacKay Shields.