Muni Think

The criminal behavior must stop, but the recovery must proceed. Indeed, the recovery could get stronger from this recent purge.

Complaints that the SALT deduction only benefits the wealthy ignore its positive effects on school district finances.

If an issuer represents the validity of its bonds to investors at the time of issuance, it is barred from later denying repayment on a claim of invalidity.

Submissions are now open for the Bond Buyer’s fourth class of Rising Stars, an honor which showcases the brightest young minds in the municipal bond industry.

A recent NABL webinar reminded the market that MAs can face liability under anti-fraud provisions of the Securities Exchange Act.

From a fixed income investor’s standpoint, congestion pricing could provide exciting new investment opportunities with relatively high income and moderate risk.

New transportation modes are exposing fault lines in infrastructure investment and local decision-making.

The legal argument made against revenue bonds just doesn't make sense in the market-based world.

The standard measure of interest rate risk is effective duration; it is the critical input to portfolio-based hedging.

Unlike any other asset class, baring default, the prices of fixed income instruments will necessarily converge to their par values at maturity.