Muni Bonds News and Perspectives

Investors own more municipal bonds than at any time in history and strongly favored individual issues over mutual funds, according to flow of funds data...

Last week, we were rudely reminded of the adage, "Be careful what you wish for," after reading a Wall Street Journal article entitled "Municipal Bond Fans Get...

A federal appeals court today rejected the government's attempt to force tobacco companies to forfeit $280 billion in profits. The ruling came in response to...

As we embark on a new year, we're hearing the same old song from Wall Street economists and the financial media. Now, just as they have been since the summer...

Although another class action tobacco case has been OK'd for trial, we still believe it will be hard to prove Philip Morris misled plaintiffs, or that they...

They may not agree on much, but the Bush and Kerry camps have at least one thing in common: a strong affinity for tax-free bonds. According to the recently...

We have received a number of e-mails recently from investors who were surprised by an Oct. 1 article in The Wall Street Journal titled "Bond's Tortoise...

Florida's four hurricanes this summer resulted in record property damage, but they are not likely to damage credit quality. In quick succession, Hurricanes...

Standard & Poor's (S&P) affirmed its "A" rating of American Capital Access (ACA) with a "stable" outlook on the insurer. S&P's action, which it...

The Department of Justice's case against the tobacco industry is finally went to trial on Sept. 21. The underlying issues have not changed, and our opinion...