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Munis posted losses in April, returning negative 1.24%. The asset class is also seeing losses of 1.62% year-to-date.
3h ago -
Sen. Joe Manchin, D-W.Va., has already pledged to try to overturn the rule in Congress.
4h ago -
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The firm violated MSRB Rules G-15 on confirmation, G-8 on books and records and G-27 on supervision, FINRA found.
April 30 -
Subcommittee Chair Rep. Steve Womack, R-Ark., asked Buttigieg if the $20 billion of federal commitments for transit projects over the next decade "might create a check we can't cash."
April 30 -
The bill would authorize $105 billion in appropriations through 2028 but still faces a few hurdles in Congress.
April 30 -
Tribal advocates hope that Congress will take up expanded tribal access to the tax-exempt market next year as the U.S. tax code takes center stage.
April 29 -
"The Fed is certainly not going to be overly concerned about the growth backdrop" at this week's Federal Open Market Committee meeting, said BMO Chief Economist Douglas Porter.
April 29 -
The MSRB is warning investors that the redemption of Build America Bonds under an extraordinary redemption provision could result in losses, especially for those purchased at a premium.
April 26 -
With billions of federal funding available from the Infrastructure Investment and Jobs Act, one observer says it could be limiting the amount of municipal bonds issued by the sector.
April 26