Muni Bonds News and Perspectives

Moody’s Investors Service will significantly upgrade municipal bond ratings across all sectors and rating categories. The upgrades are a result of Moody’s...

In reaction to the bankruptcy of Lehman Brothers Holdings, Inc. (LBHI), institutional holders of the Series 2008A bonds issued by Main Street Gas are forming...

Standard & Poor’s has lowered the rating on Main Street Gas pre-pay bonds, series 2008A to "CCC-" from "A". The downgrade results from Lehman Brothers...

S&P and Fitch have placed Main Street’s 2008A bonds on Negative Watch. The rating actions follow the placement of Lehman Brothers Holdings on Negative...

We’re not sure who will win the presidential election, but we’re confident of one thing: Taxes will rise, regardless of who’s in the White House next year,...

MBIA has agreed to provide reinsurance for the majority of FGIC’s investment grade U.S. public finance insured portfolio. The transaction, expected to close...

In a sign that the worst news may be behind the bond insurance industry, Standard & Poor’s has affirmed the ratings of both Ambac and MBIA and removed...

Ambac and MBIA posted strong second-quarter earnings, thanks to mark-to-market gains the firms were required to take according to accounting rules. Both firms...

For municipal bond investors it is the best of times and the worst of times. The difference is in the eye of the beholder. Meet Mr. Smith.  He couldn’t be...

Although the “Housing and Economic Recovery Act of 2008” was designed to bolster Fannie Mae and Freddie Mac, it also contains good news for municipal bond...