Muni Bonds News and Perspectives

Municipal bond investors in Washington, D.C. were granted a one-year reprieve from a tax on out-of-state bonds. During debate on its budget last month, the...

The muni bond market had its strongest quarter in almost two years. Municipal bonds gained 4.45% in the second quarter, the strongest performance for munis...

Tobacco bonds have garnered a great deal of press following a widespread S&P downgrade and more recently a dispute between the states and participating...

As lawmakers tighten their belts, muni issuance is shrinking. For an investment, subject to the laws of supply and demand, that can mean only one thing: The...

About the time the world was supposed to end, the municipal bond market was supposed to collapse. At least those were the predictions of some self-styled...

The 2011 Master Settlement Agreement (MSA) payments from participating tobacco companies were made in April, as usual. Altria, the nation’s largest cigarette...

The much-maligned state of California has finally received some good news: a $2.5 billion spike in tax-revenue. This unanticipated windfall -- an unexpected...

In the wake of dire warnings predicting the imminent collapse of the municipal bond market, it appears the market, through its own dynamics, has begun the...

Do public employee pension programs threaten state and local government solvency and bond payments? Not likely. Recently, the popular press has contained...

Who's selling the theory of municipal bond laddering and why do some investors buy it? It's a question we found ourselves asking recently when we heard from...