Yield-hungry investors are plowing record amounts of cash into high-yield munis. Enthusiasm for these bonds reflects historically low yields on investment-grade munis and, as we pointed out… Read More »

The oracles predicting a municipal bond market meltdown must be disappointed. Investors are plowing funds into munis despite a dip in issuance, as conditions seem more favorable for fiscal aid to… Read More »

Investors looking for clues on how the muni bond market might fare during the Biden administration are zeroing in on the nominee for Treasury Secretary, Janet Yellen. Yellen, who formerly served… Read More »

 An often “overlooked” corner of the municipal bond market – taxable munis – is drawing a lot of attention from fixed-income investors. Actually, “overlooked” is a misnomer. Though… Read More »

Separate efforts to both expand and eliminate a municipal bond relief program may seem at odds, but a closer look draws into sharp relief a deeper truth about the 200-year-old muni market. It… Read More »

Remember when investors questioned whether muni bond insurance was worth it? It was in the aftermath of the Great Recession and muni insurers had faltered. Several had strayed from their core… Read More »

As the presidential and other races wind down, we’re often asked, how will the election affect the municipal bond market? While we certainly can’t predict the outcome, we are studying a range… Read More »

Looking to expand your muni bond portfolio? Maybe it’s time to look elsewhere. Investors searching for tax-free municipal bonds traditionally focus on bonds issued in their home state. It… Read More »

The Fed’s muni-support effort to help state and local governments cope with pandemic-related costs – the Municipal Liquidity Facility – is drawing scant interest among issuers and should be… Read More »

As the pandemic impacts government budgets, it’s a good bet income taxes will rise and with it, a flight to municipal bonds. It’s a phenomenon we’ve seen before and expect to see… Read More »