After digit-double cuts out long Wednesday, muni yields rose an additional two to four basis points, depending on the curve, ...
Munis have not been immune to the rising volatility. After a strong February, they are underperforming Treasuries and IG corporates in March and on a YTD basis. HY munis are also showing softer ...
"The supply/demand dynamic is a headwind for the muni market this week as supply is expected to be elevated," said Cooper ...
Income-oriented investors, including lots of retirees, often switch their portfolios from a growth focus to an income-based ...
Indeed, steady-eddie munis dipped immediately after the election as the prospect that Trump tax cuts from 2017 will be extended and possibly new cuts added made muni tax advantages less attractive.
The sector's high duration poses interest rate risks, but the current high nominal and real rates provide a margin of safety ...
(Bloomberg) -- The football stadium at Texas Tech University, where Kansas City Chiefs quarterback Patrick Mahomes played, is the latest to get a debt-financed face-lift. One of the school’s ath ...
Income-oriented investors, including lots of retirees, often switch their portfolios from a growth focus to an income-based one once they are officially in retirement. Many of them opt for ...
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