The municipal bond market enables more than 50,000 state and local governments, agencies, and authorities to fund a variety of public works projects. However, the breadth of the market and its tax advantages leave it subject to the mandates of regulatory agencies and legislators. Our municipal commentary helps you stay up to date on the latest market headlines and trends.
What May Be the Future of Bondholder Recoveries?
The ultimate recoveries in the Stockton, CA and Detroit, MI bankruptcies gave general government inv…
July 2019: It is News, Not Just Noise
Municipal bond market observers and participants may be underreacting to recent, important credit-re…