Muni Investors and the Interest-Rate Wait
When the Fed meets next month, will it deliver to muni investors sitting on the sidelines the long-awaited green light that it’s time to jump back into the market? After its recent decision to… Read More »
Mayors, Senate Championing Municipal Bond Exemption
When a century-old tool that funds roads, schools and hospitals is under assault, expect pushback. That’s the message being sent by an uncommonly wide group of political leaders on proposals to… Read More »
Muni Investing Success Doesn’t Require a Ph.D.
Should you ditch your munis? That was an idea floated in a recent article regarding the state of the municipal bond market. The article discussed upcoming meetings of the Federal Reserve and… Read More »
A Different Outcome For Puerto Rico Muni Debt?
The oversight panel charged with helping lift Puerto Rico out of its fiscal morass looks to be more pragmatic than political, analysts say, which may help avoid an outcome for the commonwealth’s… Read More »
Surge in New Muni Bonds is Funding City, State Improvements
A spate of municipal bond issuance this year is fueling a wide range of infrastructure projects across the country. Analysts say as much as $400 billion in muni bonds may be sold this year, nearly… Read More »
Too Many Potholes Filled? Blame The Muni Exemption
Roads are crumbling, airports are dilapidated, mass transit is lacking – and there’s a risk of over-investing in infrastructure? So says a think tank. As you may have heard, some are again… Read More »
Finding the Meaning in Muni Performance
Too often, the essentials of muni investing are lost in the chatter. Take, for example, “performance.” June was a banner month for munis, returning 1.6%, the best June since 2000 and the… Read More »
Next Move On Puerto Rico Muni Debt: Oversight Board
With a new law in place designed to help Puerto Rico regain its financial footing, the next important move bond investors will be watching for is the formation of a seven-member federal oversight… Read More »
Mythologizing Today’s Muni Yields
It’s a question we hear every so often, usually by an investor new to the municipal bond market: “With yields so low, why would anyone buy munis?” For successful fixed-income investors,… Read More »
Committee Approves Oversight Board For Puerto Rico Muni Debt
After months of debate, a House committee agreed on a plan to create a seven-member board that would oversee Puerto Rico’s finances and manage its debt negotiations. The bill, approved Wednesday… Read More »