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 »

Here’s a way to bypass the standoff over aid to state and local governments: Restore advance refunding bonds. It’s a sensible approach that has earned bipartisan Congressional support to help… Read More »

S&P Global Ratings affirmed Assured Guaranty’s AA rating and stable outlook, the strongest rating S&P assigns to any active muni insurer. Assured is the largest muni insurer, ahead of… Read More »

While many investors are mesmerized by the confounding and dramatic swings of the stock market, the real action – yield-wise – is in a decidedly less glamorous corner of the securities market:… Read More »

Is finding the right municipal bonds as easy as throwing darts at a board, or as treacherous as standing in front of one? According to the pundits, municipal bond investors are facing either one… Read More »

Feeling a bit of whiplash from the March to May muni market volatility? You’re not alone. The market surged 3.18% in May, according to the Bloomberg Barclays Muni Bond Index, and the largest… Read More »

Congress and the president need to stand behind municipal bonds and enhance their ability to fuel the nation’s economic recovery. While states and cities are assailed with exploding costs, they… Read More »

Remember a month ago, when investors bailed on stocks and bonds and nothing seemed like a good idea? Well, it turns out not all investors were sellers. While many were heading for the exits,… Read More »

Amid the coronavirus outbreak, as investors head for the exit, there is a rare, temporary opportunity in the municipal bond market. If this scenario sounds familiar, it should. It’s a phenomenon… Read More »