You're probably familiar with the inverted yield curve. The TV talkers and financial press are aflutter with the phenomenon, and it's become part of the...
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.
Citigroup and Wachovia May Compete for GMAC
General Motors Acceptance Corp. is drawing interest from various suitors, including Citigroup Inc. and Wachovia Corp. Citigroup Inc. and hedge fund Cerberus...
Ford Plans its ‘Way Forward’
Ford Motor Company this week announced improved fourth quarter 2005 results and presented its long awaited turnaround plan that it calls "Way Forward."...
GM Reports 2005 Financial Results
General Motors announced losses (net of special items) of $3.4 billion for calendar year 2005 and $1.2 billion in the year's final quarter, capping one of the...
GM Proposes Multi-Pronged Turnaround Strategy
General Motors plans to get its automobile business back on track, management told automobile analysts recently, by focusing on the quality of GM products,...
Kentucky Court Says State Can’t Tax Interest on Out-of-State Bonds
In a decision that may have far reaching implications for the municipal bond market, the Kentucky Court of Appeals ruled that it is unconstitutional for the...
And the Beat Goes On
Iowa has joined the growing list of tobacco settlement bond issuers who have refinanced all or a portion of debt secured by payments from the Master...
Tax Panel’s Proposals Put Amt on the Ropes
The president's tax-reform panel has good news for bond investors: it wants the Alternative Minimum Tax (AMT) eliminated. The bad news is that it probably...
Louisiana To Refinance Tobacco Bonds
Louisiana State Treasurer John Kennedy said the state will refinance $1.1 billion of tobacco settlement bonds to generate funds to aid small business damaged...
Decision Expected Soon in Important Tobacco Case
The Illinois Supreme Court revealed this week that it will finally issue its opinion on the Price Lights case, according to its docket of cases for the...
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