About
Bonds are back. After the rout in fixed income in 2022, muni bonds are poised for a better year. Join Barron’s senior writer Lauren Foster for a conversation with James D’Arcy, a senior portfolio manager for the municipal bond desk within Vanguard Fixed Income Group, on the outlook for the muni market in 2023 and areas of the market that look attractive.

Presenters
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Lauren Foster
Senior Writer, Barron's
Lauren Foster is a senior writer at Barron's covering investing topics and strategies, including sustainable investing. She previously wrote for CFA Institute's Enterprising Investor blog and hosted its Take 15 podcast, and worked as an editor and reporter at the Financial Times.
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James D’Arcy, CFA
Senior Portfolio Manager, Vanguard Fixed Income Group
James D’Arcy, CFA, is a senior portfolio manager for the municipal bond desk within Vanguard Fixed Income Group. With his team, Mr. D’Arcy oversees the Intermediate-Term Tax-Exempt Fund, California Long-Term Tax-Exempt Fund, and Pennsylvania Long-Term Tax-Exempt Fund, Ohio Long-Term Tax-Exempt Fund, and is a co-manager on the Tax-Managed Balanced Fund. He also co-heads the G.O./Tax Backed Satellite team. Mr. D'Arcy joined Vanguard in July 2011, with prior experience including senior portfolio manager at Columbia Management.

Mr. D’Arcy earned a B.A. in economics from the University of Colorado, and has more than 20 years of related investment experience. He is a member of the CFA® Society Philadelphia and the National Federation of Municipal Analysts.
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