State Street Nuveen Municipal Bond ETF

MBND

Market cap $26.8M

OR YEHUDAH, Israel--(BUSINESS WIRE)--Siyata PTT is proud to announce it returned as a communications provider for the annual Baker to Vegas Challenge Cup Relay held on March 28 - 29, 2026, one of the most demanding and iconic law enforcement relay races in the world. Following a successful partnership last year, the Baker to Vegas organizing team once again selected Siyata PTT to support critical communications for the event. This marked the second consecutive year the company provided Push-to-.

Municipal bonds are back to offer compelling risk-adjusted opportunities, but future decisions from Washington can either act as a tailwind or headwind. Municipal bond funds saw net inflows during 2024, first annual inflow since 2021—which was a record year. 2024 was a record year in municipal bond issuance. With attractive yields, the market may start to pay more attention to tax-equivalent yield advantages offered through municipal debt.

Specific to the muni market, perhaps the biggest surprise this year has been new issue supply that is running well ahead of expectations, up roughly 40% from last year. We think this increased summer issuance is likely the result of deals getting pulled forward, as issuers may be cautious about coming to market later in the fall ahead of what is likely to be an uncertain U.S. political climate. While municipal credit quality has already peaked, it is entering this period of moderating economic growth from a position of strength.