Funding & Business
Long Dated Munis Turn Around, Enjoy Best Month Since 2023
The long end of the municipal debt market has recently bounced back from a difficult start to 2025 as investors amp up their expectations for rate cuts from the Federal Reserve.
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Janus Henderson Global Head: Securitized Products and Portfolio Manager John Kerschner discusses the launching of their new ETF product JABS, Rate Cuts and how JAAA still has a place is investors’ portfolio. He speaks with Katie Greifeld, Scarlet Fu and Eric Balchunas on ‘ETF IQ.’ (Source: Bloomberg)
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The SEC is moving closer to giving its approval multi-share class structure. This would allow mutual funds to launch an ETF as a shared class of an existing product. Bloomberg’s James Seyffart has more on the story. (Source: Bloomberg)
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France’s central bank trimmed its economic outlook for the next two years, warning of downside risks from budget uncertainty following another government collapse.
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