Walter O'Connor's decades-long tenure as a municipal bond portfolio manager at BlackRock will come to an end next year.
A congressional budget impasse is leading toward a stopgap funding measure via a continuing resolution which could solve a budget shortage in the District of Columbia.
The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."
Ohio politicians are racing to deliver relief as a citizens group gathers signatures for a November 2026 ballot initiative to end property taxes in the state.
As the "slope of the municipal yield curve remains extremely steep and long bonds are cheap relative to U.S. Treasuries," Daryl Clements, a portfolio manager at AllianceBernstein, predicts "long municipal bonds have a long way to go until they are considered fair value."
A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.
