The Securities and Exchange Commission is hammering home the need for issuers to clean up their internal procedures in a new way, bond lawyers said Thursday, by basing a case on documents not intended for market consumption.
Income improvements among mortgage insurers this year are a credit positive for housing finance agency single family whole loan programs, according to Moody's.
Photos from The Bond Buyer's 2nd Annual Symposium on Distressed Municipalities, held March 18-19 at the Omni Providence Hotel in Providence, Rhode Island.
A networking group for government officials, municipal bond professionals & decision-makers, driven by The Bond Buyer, which dominates municipal bond market coverage with daily breaking news through the printed daily paper, bonus distributions, live events and online at TheBondBuyer.com.
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.