The government of Puerto Rico, its fiscal oversight board and creditors are moving toward agreement on a significant chunk of the commonwealth’s bond debt. Progress is afoot on its power utility… Read More »

It took Congress more than 1,000 pages to detail their tax overhaul, but investors in high-tax states understood the upshot of one provision immediately: Their taxes were about to go up – and… Read More »

Municipal bond issuance jumped more than 50% in the second quarter of 2018, while investors’ appetite for munis was strong, according to the Securities Industry and Financial Markets… Read More »

A net cast to assign blame for Puerto Rico’s debt problems is ensnaring people who don’t deserve it. Recent broadsides leveled against the commonwealth’s predicament are related to a new… Read More »

Is a pinch in the supply of municipal bonds putting a crimp in opportunities for investors? We’re not seeing it. A host of stories lately note a cutback in muni issuance. Indeed, borrowing by… Read More »

Can you time the municipal bond market? Are you waiting for just the right moment when you’re confident yields are at their peak or have bottomed out? For investors who fancy themselves… Read More »

If municipal bond investors aren’t seeing returns of more than 6.00%, they’re missing the obvious. The key, of course, is focusing on tax-equivalency. As longtime investors know, generating… Read More »

Chalk up a win for the municipal bond market, local infrastructure projects and individual investors. Under new legislation passed by Congress, investment-grade municipal bonds will be considered… Read More »

Congress eliminated a key tool state and local governments use to save money and fund hospitals, school, bridges and other public works. Now they need to replace it. A wide range of 33… Read More »

Q&A with James A. Klotz, president of FMSbonds, Inc., on the new pricing regulation and what it means to municipal bond investors. Muni Brokerage Head Says Pricing Rules Won't Aid Mutual… Read More »