-
The work from home environment will reduce city property tax collections in coming months and years, analysts say, creating financial issues.
May 23 -
Since the 52-week low on April 12, yields have risen by an average of 46 basis points.
May 22 -
"Ultimately, the case for fixed income generally, and munis specifically, is much stronger today than it was a year ago," said Nick Vendetti, municipal bond fund portfolio manager with Allspring Global Investments.
May 22 -
Puerto Rico must take additional steps to be able to regain market access, they said.
May 19 -
For the week, triple-A muni yields rose between 11 and 29 basis points, according to MMD, while UST yields rose 11 to 32 basis points.
May 19 -
"Steep corrections occurring inside 10 years on the curve reflect an ongoing process to reduce a deep inversion," said Kim Olsan, senior vice president of municipal bond trading.
May 18 -
The Investment Company Institute reported investors pulled another $290 million out of municipal bond mutual funds in the week ending May 10.
May 17 -
The market is seeing a supportive environment for munis, said Nisha Patel, managing director of SMA Portfolio Management at Parametric.
May 16 -
"With rates volatility seemingly subsiding in the past few weeks, we could start to see outflows decrease and demand flow back into munis," according to AmeriVet Securities' Jason Wong.
May 15 -
Investors will be greeted Monday with a new-issue calendar estimated at $6.018 billion with a few bellwether, triple-A names coming from Loudoun County, Virginia, Frederick County, Maryland, and Columbia University with sizable deals.
May 12