Higher-for-longer rates, along with elevated municipal-bond issuance, may signal that attractive entry points for muni investors are here for a bit longer. Though reinvestment season is typically a slower time for new issuance, this is an election year, which may mean issuers will want to avoid the uncertainties that come with every election season. Fund flows and rich ratios are concerns, but the asset class’s ability to provide low-risk, tax-exempt income remains a key feature, especially if inflation pressures increase. Joining hosts Eric Kazatsky and Karen Altamirano on the May edition of Masters of the Muniverse is Nisha Patel from Parametric. In this month’s episode, we discuss the market outlook for the second half of the year and how technology overlays are driving Parametric’s strategies to help maximize returns.