Investment funds

The last remaining deals of the week priced into a muni market that continues to perform strongly, as technical factors and drivers persist.

With the addition of two new municipal funds, Baird appeals to more shareholders while expanding its current offerings.

Municipals spent Thursday following the rally in Treasuries, with new issues dominating the focus.

A powerful equity market whacked Treasuries and munis followed suit and as much as a 7 bp correction ensued.

With another fed funds rate cut in the books, munis saw a big drop in yields to close out the week and the month.

The issuance keeps pouring into the municipal market as muni fundamentals and interest rates drive demand.

Years after the Securities and Exchange Commission enacted a rule to require floating net asset values, finance officers are fighting the legislative malaise to try to undo it.

Amending the law that established an oversight board for restructuring Puerto Rico’s debt looks like a tall order.

Close proximity and presence in small states allows Josh Larson to "kick the tires" when analyzing new and existing credits

U.S. Court of Claims Judge Richard Hertling said Tuesday he would issue the stay because he expects key rulings by the Supreme Court and an appellate court.

The complaint that seeks to void repayment of $14.3 billion of debt awaits a court decision on whether it can move forward.

While the best case scenario is a court dismissal, analysts think the state would support bondholders should the case goes against them.

All eyes were on the enormous California offering. PREPA bonds have risen this month as investors anticipate a deal to restructure its debt is gaining support.

A few remaining deals trickled into a stagnant, steady market, as the SALT effects have impacted the seasonality typically associated with tax season.

Eagle Asset Management PM Manager uses barbell approach to find value for clients when short-term munis are expensive relative to Treasurys.

A bill to let money market mutual funds use a stable net asset value is back on the table with the support of muni issuers.

The market maintained a "pretty positive" tone Thursday as traders saw the week's last new issuance.

Two lone deals priced on Thursday to close out new issuance for the week.

Fidelity’s money-market assets grew to $629 billion as of Oct. 31, according to Crane Data.

Continued selling would put more pressure on an already burdened secondary market.