Debt Management

Market Volatility: The New, New Normal

COVID-19 has touched every part of public finance. It’s been especially important in the municipal bond market. In the throes of the COVID-19 crisis, investors bought and sold record numbers of muni bonds. The Federal Reserve took unprecedented steps into the muni market. Congress poured in billions of dollars to prop up faltering governments. COVID-19 created a brave new world for municipal market issuers and investors.

This page is for GFOA members.

Get access to this content and more by logging in.

Log in

Not a GFOA member? Become a member.