Muni Think

Doubts as to the quality or effectiveness of Indiana's intercept program are misplaced.

Congress should end Puerto Rico's exclusion from federal bankruptcy protection — but it's unfair to leave the territory's existing creditors in the lurch.

There are few lay-ups in muni bond investing, but jettisoning buy-and-hold for dynamic tax management may be one of them.

Discussion at a recent industry panel addressed possible impacts of the global economy on U.S. states and describe additional metrics to watch to monitor health of municipal pensions.

As 2015 begins, capital markets participants would do well to reflect on the lessons of recent Chapter 9 proceedings.

The ruling that the former mayor was liable for violations of securities laws as a "control person" is one of which every official of a state or local government issuing debt should be aware.

The suspension of the nation's debt limit expires March 15, with important implications for municipal issuers selling refunding debt during the next several weeks.

Qualified Public Infrastructure Bond plan marks a further step in the Obama administration's Build America Investment Initiative.

The White House generated fresh ideas aimed at curing the nation's infrastructure woes in its budget proposal, but shot itself in the foot by including a limit on the federal tax exemption for municipal bonds.

The Commonwealth of Puerto Rico has a long history of fiscal uncertainty and structural deficits. Responding to decades of general fund deficits in 2014, the rating services lowered the ratings on the Commonwealth’s general obligation credit to below investment grade, or junk status.