Muni Bonds News and Perspectives

With the December Fed meeting just around the corner, a fresh round of interest-rate guessing is upon us. However, unlike previous bouts of overheated...

Having toiled in the municipal bond market for more than 40 years, we are accustomed to the financial media’s focus on the stock market and its often mistaken...

The Obama administration is proposing a wide-ranging plan to fortify Puerto Rico’s finances that includes a way for the beleaguered commonwealth to...

Speculation over when the Federal Reserve will raise interest rates has been elevated to Super Bowl status by the financial media. Just as sports writers...

Puerto Rico has a proposal to address its fiscal morass, but it will likely face a raft of challenges. Earlier this week, recommendations unveiled by...

As equity markets continue their eye-popping turbulence, one security has quietly gone about doing what it’s always done: paying investors. With the action...

If you’ve had any exposure to the financial media, you are aware of its continuous and obsessive speculation as to when the Fed’s well-telegraphed,...

Although Puerto Rico failed to make a $58 million bond payment, some analysts think Public Finance Corporation bondholders may ultimately be made whole. On...

Puerto Rico’s electric authority wants to delay payments to bondholders for five years, a move some analysts think may be a preview of the commonwealth’s...

Can Puerto Rico pay its bills? The commonwealth’s government doesn’t think it can. Major creditors, however, paint a different picture. Citing a decade-long...