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 »

It’s hard to imagine that a tool used to finance most of the nation’s infrastructure might be on the chopping block. Indeed, we doubt it will ultimately happen. However, there’s enough… Read More »

How can you spot a fixed-income investor with cash on the sidelines waiting for the ideal time to jump into the market? He’s the one sporting a grimace. Timing the market has never been a… Read More »

When you think of municipal bond investing, do you picture an adrenaline-pumping amusement park ride or a weekend nap in a chaise? For long-time investors, it’s more akin to a snooze. After all,… Read More »

The frequently predicted but so-far invisible “Great Rotation” has found new life since the presidential election. Still missing, however, is evidence that it’s actually occurring. The… Read More »

A group of the nation’s mayors pushing to maintain the tax exemption on municipal bonds received some unexpected but welcome news recently: the president-elect supports the status quo. The next… Read More »

As closed-end municipal bond funds cut their distribution rates, dissatisfied investors looking for tax-free income are exploring alternatives. Reports say at least 45 closed-end funds, most of… Read More »

If anyone says they know how the recent election results will affect the municipal bond market, ignore them. There are many more questions than answers, and despite the wave of guesses on how the… Read More »

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 »

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 »