-
After almost a decade of shrinking business and muddied prospects, the bond insurance industry ended 2013 having tackled at least one major milestone: get penetration back on the upswing.
February 23 -
State and local government revenue growth and expectations for higher interest rates last year were the main contributors to a 12.1% decrease in note issuance, municipal managers and analysts said.
February 23
-
Housing and development were growth sectors in the 2013 bond market as others fell sharply in the second half of the year.
February 23
-
New issue supply in the municipal market was down during 2013, largely driven by a major slowdown in refunding deals during the second half of the year.
February 23 -
The municipal market will see a small boost in issuance next week even as total volume remains low.
February 23 -
Puerto Rico bond yields rallied Wednesday and Thursday, in a sign of hope for a successful bond sale next month.
February 21 -
The bond insurers that wrap a chunk of Detroit's unsecured debt blasted the city's debt adjustment plan filed in bankruptcy court Friday, joining a chorus of criticisms from the municipal bond market.
February 21
-
Detroit filed a proposed plan of adjustment that lays out how the city hopes the bankruptcy court will treat its $18 billion of debt, including major cuts to bondholders.
February 21
-
Detroit's pension funds can file a direct appeal of the federal bankruptcy court's decision that the city is eligible for Chapter 9, a process that will run parallel to the city's Chapter 9 case.
February 21 -
-
-
The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was down one basis point this week, at 4.88% for the week ending Feb. 6.
February 20 -
Municipal mutual funds gained $320.03 million of new cash in the week ended Feb. 19, Lipper FMI reported.
February 20
-
Congress must show political courage in expanding federal transportation funding as the Highway Trust Fund dwindles, DOT Secretary Foxx said Thursday.
February 20
-
Detroit plans to file its long-awaited debt adjustment plan Friday.
February 20 -
Tax-exempt money market funds posted $2.08 billion of outflows, reducing total net assets to $268.04 billion in the week ended Feb. 17, according to The Money Fund Report, a service of iMoneyNet.com.
February 20
-
-
-
ETFs and mutual funds are well-positioned for rising interest rates because they have most of their fixed income holdings in short-term government bonds, according to Morningstar Inc.
February 19 -
The federal bankruptcy judge overseeing Detroit's Chapter 9 case heard arguments Wednesday from bond insurers challenging the city's effort to treat its unlimited-tax general obligation bonds as unsecured.
February 19
