Muni Bonds News and Perspectives

A House subcommittee heard testimony on a bill that would allow Puerto Rico’s government-owned corporations to restructure their debt under Chapter 9 of the...

2014 is the first year that certain new IRS cost-basis reporting rules apply to municipal bonds and other fixed-income securities. The changes to 1099 forms...

Puerto Rico officials are appealing a judge’s ruling that struck down a new law allowing the commonwealth’s public corporations to restructure their debt. The...

Where is the value in today’s municipal bond market? As long-term par bonds dip under 4.00% and Treasury yields hover near all-time lows, it’s a question we...

Almost four years ago to the day, Meredith Whitney made a breathtaking call that helped roil the muni market and destroy an enormous amount of investor value....

Municipal bond investors who parked their funds in money markets awaiting a flood of new issues and soaring interest rates will be disappointed once again...

Is bond insurance worth it? Fair question. After insurers were rocked by bad bets on risky debt back in 2008, incredulous investors questioned the value of...

When you think about it, it’s staggering. For at least a decade, billions of investable dollars have languished in tax-free money market funds earning next to...

If the 30-year bull market in bonds is over, someone forgot to tell foreign investors. They’re piling into munis like never before. According to Federal...

As federal regulators consider allowing banks to hold municipal bonds as part of the new liquidity rule, we urge them to understand the potential consequences...