Muni Bonds News and Perspectives

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...

Amid the alarmist headlines and hysterical rants, a funny thing is happening in the municipal bond market. Prices are rising. As The Wall Street Journal...

The apocalypse in the muni bond market will have to wait. That's according to municipal bond experts who testified at a congressional hearing last week on the...

In the 1980s, Michael Jackson caused a sensation performing a dance technique called the moonwalk, or backslide, in which he appears to be pulled backward...

There was a time not long ago that the municipal bond market was all but ignored by the media. We used to lament the lack of attention given to a critical...

Fear mongers have grabbed most of the headlines, but as we point out in our latest message in The Wall Street Journal, the real news is being made by...