42,000 muni issuers.
Hundreds of Thousands of individual issues...
Meredith has earned her stripes...you, not so much.
As for the numbers of issuers...that indicates nothing.
The mortgage market was swamped, yet how many individual mortgages are outstanding?
It's a real concern.
I've had my Series 7 since she was in college....I just sold 475m 5% CA munis at 87.00....TEY of near 9%..
Long bonds are cheap, they need to be bought.
As for my "stripes".....LOL as I look at my hanger and plane this beautiful SAT AM. Think I'll go fly.