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The municipal market had a delayed reaction to the higher-than-expected GDP growth reported Wednesday morning, weakening across the curve on Thursday as Treasuries strengthened.
July 31 -
If the Puerto Rico Electric Power Authority were to fail to make loan payments to Citibank due on July 31, the consequences might spread beyond Puerto Rico bonds. Bad news on PREPA could also trigger a selloff of tobacco bonds, analysts speculated.
July 30 -
Analysts are conflicted over how investors should protect their 2014 returns and mitigate their interest rate risk for the rest of the year.
July 29 -
Municipal funds reported their highest inflows in 11 weeks.
July 24 -
Investors are buying housing bonds in the secondary because they are performing well and offer attractive spreads, according to market participants.
July 23 -
Analysts and investors are applauding the pressure Standard & Poor's is putting on issuers to disclose their outstanding direct loans.
July 23 -
The $722.9 million New Mexico Municipal Energy Acquisition Authority gas supply revenue refunding bonds are grabbing investors focus this week because of the deal's size and because there are not many New Mexico bonds in the market.
July 22 -
Municipal bond demand is helping the New York City Transitional Finance Authority to find a market for its $675 million of revenue multimodal bonds with a mandatory tender feature.
July 15 -
Municipal bond funds reported outflows for the first time in 10 weeks.
July 10 -
The market was unperturbed by Fitch Ratings' sharp downgrade of the Puerto Rico Sales Tax Financing Corporation's debt to BB-minus from AA-minus.
July 10