While much of the country ramps up its borrowing, state and local governments are continuing their penny-pinching ways as outstanding municipal bond debt continues to fall. Federal Reserve Board… Read More »

It’s never a good time to build a short-term bond ladder, but can you picture how investors who did are faring amid today’s market turmoil? Just as their laddered bonds are maturing, yields… Read More »

When the Fed raised interest rates last year, we cautioned municipal bond investors it wasn’t what it seemed. We knew many investors, trying to time the market, were looking for a signal to… Read More »

In a market saturated with bonds selling above par, it’s surprising so many investors are unaware that premium bonds provide the best value in today’s municipal bond market. Too often… Read More »

A tighter muni supply doesn’t mean investors can’t find the bonds they want. In fact, supply might not be an issue at all. More demand, fewer issues fuel tight muni supply The story of… Read More »

During the Great Recession, futurists struck fear among some municipal bond investors by warning of dire financial obligations facing state and local governments. Now, in what surely seems like a… Read More »

Amid the trade tensions hammering stocks, analysts see a flip side -- a trade war safe haven, if you will: The municipal bond market. It wouldn’t be the first time investors turned to the boring… Read More »

A funny thing is happening to interest rates. While the majority of economists and Wall Street pundits have relentlessly trumpeted their predictions of a “rising interest rate environment,”… Read More »

Tobacco bonds, buffeted by the sagging fortunes of the companies that back them, could receive a boost after regulators approved a new smokeless device designed to compete with… Read More »

When he’s not steering monetary policy for the largest economy on Earth, Federal Reserve Chairman Jerome Powell likes tax free income for his own portfolio. In January, he bought $50,001 to… Read More »