Muni Bonds News and Perspectives

Feathers are flying amid an especially rancorous political year, but there’s harmony among politicians on at least one important issue: the tax exemption on...

The House passed a bill that would treat municipal bonds as “high-quality liquid assets” under new banking rules. A companion bill is expected to be...

The chairman of a U.S. House committee said legislators will be able to come up with a plan by next month to address Puerto Rico’s fiscal problems. In...

As Puerto Rico’s debt saga unfolds, the rights of individual investors must be recognized. To that end, we have forwarded the following letter to U.S. Speaker...

Puerto Rico paid interest due on its general obligation bonds but diverted cash set aside for its infrastructure bonds, a move insurers deemed as illegal....

Puerto Rico’s electric utility reached an agreement with insurance companies and bondholders to restructure its debt and provide it with an infusion of cash...

We know what many muni investors are thinking: The Fed raised rates, so now municipal bond yields will take off. If that sounds right, we urge you to...

With the December Fed meeting just around the corner, a fresh round of interest-rate guessing is upon us. However, unlike previous bouts of overheated...

Having toiled in the municipal bond market for more than 40 years, we are accustomed to the financial media’s focus on the stock market and its often mistaken...

The Obama administration is proposing a wide-ranging plan to fortify Puerto Rico’s finances that includes a way for the beleaguered commonwealth to...