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Download our latest report, New York City Spreads Too Tight for Economic Risks, to get ahead of the issues, events and trends affecting US Municipals.

Executive Summary: New York’s economy continues to suffer as a result of the pandemic and the associated absence of tourists and commuters into Manhattan. Current tight spreads are not sufficient compensation for risks to the city’s economic recovery, therefore we update our recommendation on New York City’s General Obligation bonds.

STRATEGY

New York City Spreads Too Tight for Economic Risks

John Ceffalio
Senior Analyst, Municipals
Patrick Luby
Senior Municipals Strategist