The House Ways and Means Committee began hearings on reforming the Alternative Minimum Tax (AMT). Although the committee chairman said he’s looking for a...
Muni Bonds News and Perspectives
Below are bond market commentaries, strategies and analyses written by our municipal bond specialists. They are listed by date.
If you have any questions, please call us at 1-800-367-2663 or e-mail us.
The Tobacco Case that Wouldn’t Go Away Finally Does
The class-action lawsuit accusing Philip Morris USA, Inc. of fraud in its marketing of “light” cigarettes has finally been dismissed, ending a lengthy legal...
Presidential Hopefuls Agree on Munis
Municipal bonds enjoy support among presidential candidates from both sides of the aisle. Republicans Rudy Giuliani and John McCain, along with Democrats John...
Calamity or Correction? The Reality Behind the Bond Market Shakeup
What a difference a few weeks make! Only a short time ago, volatility was largely absent from the financial markets. Stocks seemed to be reaching new highs...
Moody’s Rewards New York City’s Fiscal Comeback
Moody’s Investor’s Service has raised New York City’s general obligation bond rating to “Aa3,” joining Standard & Poor’s and Fitch, which also rate the...
States, Other Groups Support Kentucky in Court Case
Every other state in the nation has lined up behind Kentucky’s effort to maintain its ability to tax residents’ income from out-of-state bonds while exempting...
Housing Slump Expected to Have Limited Effect on Gov’t Credit Quality
Although the housing market continues its slump and a high rate of default persists in the subprime mortgage industry, state and local government credit...
Stakes are High as Congress Wrestles with AMT Reforms
With an estimated $2 trillion at stake, several proposals are taking shape to reform the Alternative Minimum Tax (AMT), but none has emerged so far from...
Kentucky Case Ruling Won’t Affect Territory Bonds
Bonds issued by Puerto Rico, Guam and the Virgin Islands will continue to enjoy tax-exempt status, regardless of the upcoming Supreme Court decision on...
Study Shows Muni Debt Stronger, Defaults Negligible
A new study by Standard & Poor’s revealed that a greater number of municipal bonds have received better ratings over the past 20 years, while no highly...
Start here.
Do you have specific criteria for bonds you’re looking for? Let us know and we’ll e-mail you bonds that fit your needs. There is no charge for this service.