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Anyone studying the path of yields on double-A or triple-A rated municipal bonds over time might want to put a little asterisk next to April 2010.
By Dan SeymourApril 14 -
Fitch Ratings is considering slashing its rating on Beebe Medical Center in Lewes, Del., after a former staff pediatrician at the hospital was indicted on charges of rape and sexual exploitation.
By Dan SeymourApril 14 -
Many of the biggest institutions that own municipal bonds beefed up their holdings last year as state and local government debt became something of a preferred asset.
By Dan SeymourApril 9 -
Investors once again entrusted money to municipal bond mutual funds last week after briefly withdrawing money for the first time in well over a year.
By Dan SeymourApril 9 -
Municipal closed-end funds continue to surge to new peaks despite the specter of higher interest rates threatening to throw a wet blanket on all the fun.
By Dan SeymourApril 8 -
Mitchell Savader traveled to Philadelphia yesterday to deliver a reality check. Numerous newspapers and magazines, including Barron's and the New York Times, have run eye-popping headlines in the past few weeks.
By Dan SeymourApril 7 -
Last week, investors did something they have not done in well more than a year: withdrew more money from municipal bond mutual funds than they put in.
By Dan SeymourApril 6 -
Fitch Ratings lifted its rating on more than 38,000 municipal bond issues yesterday under a systematic overhaul of the way it assigns grades to the credit quality of state and local governments.
By Dan SeymourApril 5 -
State and local governments pulled in their biggest-ever tax haul in the fourth quarter as they leaned on property tax collections to help recoup shortfalls in other types of revenue.
By Dan SeymourMarch 31 -
State Street Global Advisors hired Nuveen Investments to manage a suite of five municipal bond exchange-traded funds — plus a series of new funds the company expects to launch in the coming months.
By Dan SeymourMarch 31 -
When Build America Bonds hit the market a year ago, Eaton Vance did not have to do much homework before launching its mutual fund devoted to the new product.
By Dan SeymourMarch 26 -
If anyone understands the value of getting people’s attention, it’s Jim Lebenthal.
By Dan SeymourMarch 26 -
The pace of cash flowing into municipal bond mutual funds fell off a cliff last week.
By Dan SeymourMarch 26 -
Fitch Ratings will raise its credit rating on nearly every state and most cities under an overhaul of its municipal credit-evaluation system next month.
By Dan SeymourMarch 25 -
Toll-road bond investors can stop panicking over high gasoline prices.
By Dan SeymourMarch 22 -
The flow of cash into municipal bond mutual funds slowed down another notch last week.
By Dan SeymourMarch 19 -
Joseph Darcy’s first task upon becoming manager of the Hartford High-Yield Municipal Bond Fund this year: resisting temptation.
By Dan SeymourMarch 19 -
The unwinding of the Federal Reserve's liquidity programs is unlikely to boost the sickly yields on tax-free money market funds, participants say.
By Dan SeymourMarch 16 -
Charles Schwab Corp. has partnered with Pacific Investment Management Co. to offer wealthy clients in or approaching retirement a managed municipal bond laddering product.
By Dan SeymourMarch 15 -
Is the river of cash flooding municipal bond mutual funds slowing down? It depends how one interprets the numbers.
By Dan SeymourMarch 12