It’s happening again: A “selling rampage” is affecting the municipal bond market and it has nothing to do with credit quality. The last time it occurred, at the beginning of the pandemic, we… Read More »

A well-known family is adding to its municipal bond portfolio. The heirs of Sam Walton, founder of Walmart, plowed more of their money into tax-free municipal bonds in the first quarter of 2022,… Read More »

Municipal bond investors who’ve been frozen on the sidelines seem to be thawing as the stock market gyrates and muni bond yields rise. These investors, who’ve sacrificed untold tax-free income… Read More »

Many investors opening their March statements were undoubtedly surprised by their municipal account values. As interest rates skyrocketed, market values of all fixed-income investments declined… Read More »

Moody’s Investors Service upgraded its rating of the largest U.S. municipal bond insurer, Assured Guaranty. Moody’s attributed the upgrade, from A2 to A1, to AGM resolving its exposure to… Read More »

More than two years after the pandemic began and state governments were hit with fiscal challenges, revenue for most states has bounced back and is strong, according to a recent survey. In fact,… Read More »

It’ll be no surprise when the Federal Reserve Board raises short-term interest rates over the next few months, but the fallout may shock some people. For as long as the Fed has signaled its… Read More »

Amid the oracles' frenzy over the Federal Reserve Board's next move, municipal bond investors would be wise to continue doing what’s worked for them all along: Ignore it. It’s just not… Read More »

While forecasts for 2022 muni issuance vary, there is consensus on one aspect of the tax-free bond market: Demand will continue apace. In a survey of almost a dozen firms, analysts project… Read More »

Investor demand is high and borrowing costs are relatively low, yet municipal bond issuance remains flat. In this attractive environment, why aren’t there more muni bonds on the market? It… Read More »