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Spoiler alert: Not much. What makes a May Friday a relative oddity is that it was just the first time in 2020 the 30-year UST ended the day unchanged, the second longest span of continuous yield activity since the U.S. government began benchmarking maturities in the late 1970s.
June 10
Wing-O-Metrics LLC -
Federal Open Market Committee members have been adamant that negative rates would be a last resort.
June 2 -
The Fed says it has more ammunition; experts define what those bullets are.
May 22 -
Fed chair warns recovery may not be quick or easy.
May 13 -
Inflation, low before the coronavirus shut the economy, drops further.
May 12 -
Atlanta Fed president said the Fed is keeping "all tools on the table" and could discuss negative rates.
May 11 -
Economists also expect the Fed's balance sheet to more than $10 trillion as policymakers look to lift the country from a recession brought on by the coronavirus pandemic.
April 24 -
It feels like we have stepped into a new virtual reality in the municipal market. Things are not what they appear to be any more.
March 5John Hallacy Consulting LLC -
Vallejo, California, benefited from last week's record-low municipal market rates when it finally sold its water revenue bond refunding.
March 4 -
Investors should be aware that a lower coupon rate could become illiquid if interest rates rise, the Municipal Securities Rulemaking Board said.
February 5 -
Despite tax-exempts being expensive, strong technicals are likely to extend into February.
January 29 -
The Securities Industry and Financial Markets Association survey indicates low interest rates will keep the environment for issuing debt favorable.
January 15 -
After what one analyst called the muni market's "most eventful" decade, investors are expected to be greeted by continued heavy volume in 2020.
January 3 -
Looking back on the last decade makes one realize that we have come a long way.
January 2John Hallacy Consulting LLC -
John Williams said Friday that the Federal Reserve's three interest rate cuts this year have bolstered the housing market and consumer spending.
December 13 -
The survey of 17 economists found they were split over the next interest rate move by the Federal Reserve.
December 4 -
Municipal fund managers are betting on lower credit quality paper and lower coupon bonds as they take advantage of the swell in supply.
November 27 -
Bank of America Chief Executive Officer Brian Moynihan said the U.S. has no need for negative interest rates because its economy is strong, unlike other regions that have employed the tricky strategy.
November 21 -
Trade and geopolitical disruption will likely consume much of the policy narrative the rest of this week.
October 30 -
The firm attached a corrective action statement detailing changes to its personnel, compliance department and municipal trading desk.
October 15



















