Tobacco bonds, buffeted by the sagging fortunes of the companies that back them, could receive a boost after regulators approved a new smokeless device designed to compete with… Read More »

When he’s not steering monetary policy for the largest economy on Earth, Federal Reserve Chairman Jerome Powell likes tax free income for his own portfolio. In January, he bought $50,001 to… Read More »

A bipartisan group of senators introduced a bill that would authorize $5 billion in private activity bonds to rebuild schools, fire stations, courthouses, and other public buildings through… Read More »

Suppose you watched the TV weather forecast last night and were asked whether it would rain next year. Would you know what to say? We wouldn’t either. But it’s an analogy that comes to… Read More »

The flight to municipal bonds is fueling the strongest muni market inflows in at least 13 years and is drawing investors from some unexpected places. Net inflows into muni funds reached more than… Read More »

When the president and Congress squeezed, taxpayers felt it – and moved to munis to ease their pain. Stung by the tax overhaul, investors are pouring funds into municipal bonds at an… Read More »

For some, municipal bonds are baffling. Sure they make sense as part of investors’ portfolios – they generate income free of federal and, many times, state and local taxes, and they support… Read More »

It’s high season for economic outlooks, and in keeping with that spirit, we’d like to offer our own fearless 2019 forecast for municipal bonds: The vast majority of munis will generate a steady… Read More »

It’s tough to create buzz around securities that are about as boring as they are dependable, but that didn’t stop one pundit, whose doomsday prediction on municipal bond defaults set the market… Read More »

Have you heard the old trope about the municipal bond market being as exciting as watching paint dry? Turns out it’s true. Municipal bonds are for the faint of heart. Generations have… Read More »