Perspectives & Insights Article

Davidson Investment Advisors’ third-quarter commentary provides insights into the U.S. equity, taxable fixed income, municipal fixed income, and international equities markets.

During the third quarter of 2026, renewed inflation concerns pushed the 10-year Treasury yield approximately 85 basis points higher to nearly 5.3%. Municipal yields followed, and the Morningstar US Municipal Bond Index declined 5.9% during the quarter. As rates moved higher and prices moved lower, a growing portion of the municipal bond market began trading at discounts to par value.

Davidson Investment Advisors joins the podcast "Weekly Market Impact" for a conversation about bonds and the municipal market.

Davidson Investment Advisors’ second-quarter commentary provides insights into the U.S. equity, taxable fixed income, municipal fixed income, and international equities markets.

Davidson Investment Advisors’ first-quarter commentary provides insights into the U.S. equity, taxable fixed income, municipal fixed income, and international equities markets.

As investors consider opportunities for their portfolios in 2026, our team at Davidson Investment Advisors would like to highlight one such asset class we view as particularly attractive in today’s market: Municipal Bonds.

Each year, the team at Davidson Investment Advisors publishes this piece to share insight into exciting, disruptive, or otherwise new developments we believe will significantly shape business, consumers, and society.

Davidson Investment Advisors’ fourth-quarter commentary provides insights into the U.S. equity, taxable fixed income, municipal fixed income, and international equities markets.

Davidson Investment Advisors posits that investing in longer-maturity bonds looks relatively attractive compared to recent history.

Davidson Investment Advisors’ third-quarter commentary provides insights into the U.S. equity, taxable fixed income, municipal fixed income, and international equities markets.