The Federal Reserve's interest rate cut forecast may not be as generous as fixed income investors had hoped, but the tax-exempt municipal bond space will continue to offer a solid deal in the new year. The answer is muni bonds." Seeking opportunities In the muni bond space, investors who can stomach price volatility could be rewarded by taking on issues that have longer maturities. "I like the long end [of the municipal yield curve] because unlike the Treasury curve, the muni curve has some slope to it, and it's steeper than the Treasury curve," said Malloy. Indeed, the best-performing spot on the muni curve is 20 years with a total return of about 5.3%, according to a late November report from JPMorgan.

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Persons: That's, Paul Malloy, munis, Trump, Eric Golden, there's, Yingchen Li, Li, Malloy, Peter DeGroot Organizations: municipals, Vanguard, Canopy Capital, Republican, White, Bank of America, muni, JPMorgan, Bond, AAA Locations: New York, California