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David J. Fernandez, shareholder in Buchanan’s FIBRE section, participated in a The Bond Buyer Podcast titled, “What Effect Will Rate Hike Have on Munis, Puerto Rico?”

“I think the higher rate could help the market long term. For too long the rates have been so low, that the reasons why you would want to use muni market opposed to going conventional really didn’t exist” says David.

To see full video, please click here.