They provide superb value, but to some investors, premium bonds are a mystery. Typically, investors get tripped up over price. Why, they ask, would you pay above par? Such was the lament of an… Read More »

After passing a budget for the first time in two years, Illinois maintained its investment grade rating with Moody’s. Moody’s was the last of the three major ratings agencies to complete a… Read More »

When the Fed raises rates, it’s usually a sign of rapidly rising inflation or torrid economic growth. After the Fed’s latest move, however, it looks like the bond market thinks… Read More »

You’re using a laddering strategy for investing in municipal bonds and it’s time to reinvest proceeds from your maturing bonds. What now? That’s the gist of a question posed by an… Read More »

A record-setting flood of municipal bond redemptions is expected to meet head-on with parched inventory this summer. For veteran municipal bond investors, there’s no concern. Market timers,… Read More »

It’s hard to imagine now, but at some point Congress and the administration will likely devote serious consideration to overhauling the tax code, including cutting rates. Conventional wisdom… Read More »

Amid the scrum over Puerto Rico’s debt and bankruptcy filing, might an orderly restructuring process benefit municipal bondholders? At least some analysts think so. After protracted… Read More »

Odds are, the Fed won’t raise rates as much as expected this year. But that could change. After all, in the world of Fed watching, there are as many opinions as opinion-makers, a… Read More »

When you’re a municipal bond investor, there can be a lot of distractions. What’s the Fed’s next move? Where’s the economy headed? Which way will the political winds blow? While the… Read More »

Foreign investors continue to pile into municipal bonds at record levels. Although they’re unable to enjoy the tax advantages of munis, non-U.S. residents still find plenty to like, as yields in… Read More »