Market Trends: The Relative Value of Munis Published March 9, 2015 11:28 AM | Updated February 4, 2020 2:37 PM 6:43 Facebook Twitter LinkedIn Email John Dillion, Managing Director at Morgan Stanley Wealth Management, talks about what's been going on in the municipal bond market, the credit landscape, and the relative value of munis amid the prospects for U.S. tax reform.