Want to create an interactive transcript for this episode?
Podcast: The Muni 360 Podcast from New York Life Investment Management
Episode: 2025 Top Five Insights – Mid-Year Update
Description: The muni market in 2025 is marked by heavy issuance, steeper curves, and clear tax policy—and investors are watching how it all plays out.In this episode, host Eric Kazatsky welcomes back Mike Denlinger, Portfolio Manager at MacKay Municipal Managers, for a midyear review of their Top 5 Insights. They unpack what’s actually driving underperformance so far this year, why the tax exemption remains intact, and how sector-specific credit risks are shaping opportunity. Mike also shares his outlook for the second half, what’s shifting in demand, and why now might be the time to lean in, especi...