Muni Bonds News and Perspectives

Buoyed by an agreement to extend the credit for Puerto Rico’s power authority, the commonwealth’s general obligation bonds are on the upswing. GO bonds,...

For muni investors frozen on the sidelines waiting for a spike in yields, it appears that day is not close at hand. Municipal bond issuance has hit a 13-year...

Puerto Rico is working on a plan to strengthen its Government Development Bank (GDB). According to Bloomberg, the proposal calls for Puerto Rico’s...

Puerto Rico’s debt has been downgraded in the wake of the new law passed by the commonwealth that enables its public corporations to restructure their bonds....

Puerto Rico Gov. Alejandro Garcia Padilla has proposed legislation that would provide a clear framework for certain public corporations to overcome their...

Have you heard the latest chatter among commentators who, after arguing for years that interest rates were about to spike, now talk about a low-interest-rate...

A few years ago, we spoke with a reporter from Forbes magazine about a popular yet misguided muni portfolio strategy advocated since the Dark Ages by most...

Puerto Rico’s governor plans to cut spending, raise revenues and, for the first time in 15 years, balance the budget. The proposal, unveiled recently by Gov....

Do you know how the bond market performed yesterday? Or last week? Or last quarter? Do you care? Probably not. “Short-term Performance” isn’t in the lexicon...

Are Build America Bonds making a comeback? Two Senate bills hope to permanently revive the taxable bonds, which were originally created in 2009 as part of...