Markets

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.

The Finance Committee signed off on bond refinancing and revenue packages that are key to the 2020 budget, paving the way for a full city council vote.

Sustainable investing is called “the” trend to watch in 2020 and in the coming decade.

Moody's Investors Service raised the outlook to positive from stable on Palomar Health's junk-rated revenue bonds and investment grade general obligation debt.

The action brings the state's issuer rating to Aa1, as well as upgrades to $1.5 billion in debt that is linked to the issuer rating.

Over the past three years, TD Securities has expanded its New York City-based team of public finance and sales and trading professionals.

Ipreo Muni for institutional investors enhances digital workflow by increasing efficiency in the municipal space, providing a centralized hub of real-time pricing, analytics and issue-specific updates.

Improved revenue growth prospects and strengthened financial resilience are the primary contributors to the outlook revision, the rating agency said.

The influx of issuance continued on Tuesday, with the largest deal of the week leading the way in the downpour of pricings.

Fitch Ratings upgraded the private institution in Biddeford, Maine, to A-plus from A-minus.