Investors & Investing
- Charles Schwab, Pimco Pair Up for Bond Laddering Product
Charles Schwab Corp. has partnered with Pacific Investment Management Co. to offer wealthy clients in or approaching retirement a managed municipal bond laddering product.
- Inflows May Be Easing, But Numbers Need Crunching
Is the river of cash flooding municipal bond mutual funds slowing down? It depends how one interprets the numbers.
- New York City Leads Primary With $900 Million Sale
A $900 million New York City general obligation offering will thunder into the primary market as part of an estimated $5.62 billion of new long-term volume expected to be priced this week, according to Ipreo LLC and The Bond Buyer.
- Muni Holdings Beef Up
Stimulus Lifts Investor Base
- Muni Holdings Beef Up
State and local governments amassed their biggest-ever debt burden during the fourth quarter, meeting demand from retail buyers and a broadened investor base driven by federal stimulus programs. [FREE]
- Yields Decline a Bit as Firmness Creeps In
Most of The Bond Buyer’s weekly yield indexes declined slightly this week, as some firmness continued to permeate a mostly unchanged municipal market.
- Money Market Fund Outflows Continue, With $2.55B Lost This Week
Continuing the recent outflow activity, tax-exempt money market funds lost $2.55 billion and finished with $377.04 billion for the week ending March 8, according to the Money Fund Report, a service of iMoneyNet.com.
- The Two Faces of ETFs
A debate is brewing in the municipal bond exchange-traded fund industry. [FREE]
Other Headlines
- Buckeye Building Agency Offers $80M, Mostly BABs
- With Jobs Legislation Approved, Nevada Officials Set to Borrow
- Munis End Unchanged to Slightly Weaker
- Wisconsin Set to Sell $323M of Tax-Exempts and Taxable BABs
- Virgin Islands Power Up With $78 Million
- Miami-Dade Officials Face $230 Million Hospital Deficit
- Third Ex-CDR Employee, Douglas Goldberg, Pleads Guilty to 3 Counts