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The deeper the proposed cuts, the more the municipal market fears for the fate of tax-exempt bonds.
February 12
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The tax exemption has been in place for more than 110 years, but Republicans say its removal is vital for prolonging many parts of the Tax Cuts and Jobs Act.
February 12
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Charter schools drove the worst January ever for impairments since Municipal Market Analytics began tracking default trends, the firm said in a Feb. 5 report.
February 12
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The executive director of the Puerto Rico Oversight Board suggested non-settling bondholders might be offered recoveries of about 4% of the principal due.
February 11
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Blake G. Washington discussed Medicare, the MTA and more at a luncheon with the Citizens Budget Commission.
February 11
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Municipals were cut up to four basis points, depending on the scale, while UST yields rose up to four basis points out long.
February 11
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BlackRock's move comes as money continues to flow out of muni mutual funds into ETFs and SMAs.
February 11
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Audit activity in the municipal market ebbs and flows with the IRS budget.
February 11
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A bill would allow homeowners to receive the interest accrued on insurance payments for lost or damaged property, rather than lenders.
February 11
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Governors in the drought-prone region are asking their legislatures for funding to boost future water supply or to repair aging water infrastructure.
February 11
