Markets

Even as the market for Build America Bonds has evolved over the past 12 months, underwriters, bankers, and analysts are still schooling investors and issuers about the taxable securities using various approaches.

If anyone understands the value of getting people’s attention, it’s Jim Lebenthal.

The pace of cash flowing into municipal bond mutual funds fell off a cliff last week.

Volume will decline sharply this week as the market closes the books on the first quarter.

On the heels of a historic decline in the money market funds overall last week, tax-exempt funds stemmed their own losses to nearly half of last week’s outflows. Approximately $2.03 billion fled the market and total assets closed at $370.07 billion during the week ending March 22, according to the Money Fund Report, a service of iMoneyNet.com.

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.

Nearly all of The Bond Buyer’s weekly yield indexes rose this week, as cheapness particularly on the short-end of the curve permeated the market.

Toll-road bond investors can stop panicking over high gasoline prices.

The flow of cash into municipal bond mutual funds slowed down another notch last week.