| 单词 | municipal bond |
| 例句 | When Wojo presents Fish with a New York City municipal bond upon his retirement, he proudly says, “It’s worth a thousand dollars when it matures.” ?Barney Miller? Remains on the Beat in a Complete DVD Set 2011-10-29T04:00:09Z Once upon a time, Ms. Orman was an evangelist for municipal bonds and an opponent of the stock market. Suze Orman Is Back to Help You Ride Out the Storm 2020-05-19T04:00:00Z Park construction has typically been financed through municipal bonds. Transforming Tulsa, Starting with a Park 2018-08-10T04:00:00Z The county would then issue $125 million in municipal bonds to be paid off over 15 years, which would cover the initial phase of construction. L.A. County supervisors embrace LACMA's financing plan for makeover 2014-11-06T05:00:00Z The bride’s father is a municipal bond lawyer and a partner in Dorsey & Whitney, a law firm based in Minneapolis; he works in the Des Moines office. They Bonded Over Mexican Art and Street Tacos 2018-06-30T04:00:00Z Tax-free municipal bonds were paying more than 6 percent, and corporate bonds carried rates that were even higher. The Gems Hiding in Plain Sight in the Treasury Market 2023-10-20T04:00:00Z U.S taxable bond funds witnessed $2.27 billion worth of net selling, while net withdrawal from municipal bond funds stood at $1.42 billion. US equity funds see biggest weekly outflow in three months 2023-09-29T04:00:00Z The plaintiffs said Morgan Stanley's actions were intended to position it for "lucrative investment-banking business" from Brightline and Fortress, including municipal bond transactions that could generate "sizeable" fees. Morgan Stanley sued for $750 mln by lenders to rail line, who claim fraud 2023-09-18T04:00:00Z That’s different from how corporate or municipal bonds are valued, because those entities can default or go bankrupt. Column: A big credit rating agency just downgraded the U.S. Should you worry? 2023-08-08T04:00:00Z The public finance division, which oversees most municipal bond offerings in Texas, will decide by Aug. 25 whether the bank is a "discriminating company," according to Bloomberg News. Wells Fargo's firearm policies under Texas AG scrutiny 2023-07-28T04:00:00Z The project mainly will be funded by tax-exempt municipal bonds. 83,000 Hawaii homes dispose of sewage in cesspools. Rising sea levels will make them more of a mess 2023-07-05T04:00:00Z Citigroup is reportedly in talks with Texas officials about allowing the bank to resume selling municipal bonds there, after a 2021 state law against “woke” companies shut it out of the market. Calls to Investigate Short Sellers Intensify as Bank Crisis Deepens 2023-05-12T04:00:00Z But it is earning just 3 percent on its long-term residential mortgages and tax-exempt municipal bonds, according to its latest quarterly earnings statement. Shares of First Republic sink, as banking industry woes flare anew 2023-04-26T04:00:00Z First Republic also holds a large amount of long-term municipal bonds, which would probably require a writedown if they were sold. First Republic's strategic options "very challenging" - Fitch 2023-04-25T04:00:00Z Fewer competing institutions can be costly to state pension funds and municipal bond managers seeking the highest returns for their money. The conservative battle against ‘woke’ banks is backfiring 2023-02-28T05:00:00Z Next came rescues for midsize businesses and, finally, for municipal bonds. How the Fed Opened Pandora’s Box 2023-02-25T05:00:00Z Investors purchased $438 million worth of municipal bond funds, but U.S. taxable bond funds witnessed $252 million worth of outflow, the first weekly net selling in five weeks. U.S. bond funds gain inflows for fourth week in a row 2023-02-03T05:00:00Z That finding will prevent Citi from participating in one of the biggest markets for municipal bonds in the U.S. Why Some Executives Wish E.S.G. ‘Just Goes Away’ 2023-01-19T05:00:00Z U.S. taxable bond funds had their first weekly inflow in eight weeks, at $80 million, but municipal bond funds suffered a fifth weekly outflow, totalling $2.01 billion. U.S. equity funds record seventh week of outflows 2023-01-06T05:00:00Z The NFL benefits from an exemption to federal antitrust law and the use of tax-exempt municipal bonds to construct and renovate stadiums. Opinion | Commanders owner Daniel Snyder should face a reckoning 2022-12-22T05:00:00Z Markets are beginning to price in the chance of a tweak to YCC with spreads also widening for corporate and municipal bonds, Nakazora said. BOJ should amend policy statement to include scope for rate changes - Nakazora 2022-12-13T05:00:00Z U.S. investors sold taxable bond funds of $8.91 billion, marking a third straight week of outflow, while exiting $288 million out of municipal bond funds. U.S. equity funds register biggest weekly outflow in over five weeks 2022-12-02T05:00:00Z Not in federal elections for Congress or the president, not in state elections for governor, not even in local elections for mayor, or on a municipal bond proposal for a road improvement. Perspective | Noncitizens pay taxes and join the military. Why shouldn’t they vote? 2022-10-10T04:00:00Z Her father was a municipal bond salesman on Wall Street until the Depression and later an insurance broker. Grace Glueck, 96, Dies; Arts Writer Fought for Equality at The Times 2022-10-08T04:00:00Z The charges are the first brought by the SEC under a new municipal bond disclosure law. U.S. SEC charges Oppenheimer, BNY, Jefferies and TD over municipal bond disclosures 2022-09-13T04:00:00Z Investors jettisoned U.S. taxable bond funds worth a net$7.67 billion, the biggest amount in nine weeks, while municipal bond funds saw net outflows of $1.36 billion. U.S. bond funds record biggest weekly outflow in eight weeks 2022-08-26T04:00:00Z John invested $4,000 more in municipal funds than in municipal bonds. College Algebra with Corequisite Support 2020-09-23T00:00:00Z U.S. government and municipal bond funds obtained $2.83 billion in inflows after a weekly outflow, while high yield and general domestic taxable fixed income funds received a net $3.7 billion and $2.61 billion, respectively. U.S. bond funds gain biggest weekly inflow in 11-months 2022-08-05T04:00:00Z Investors disposed of U.S. municipal bond funds of $897 million, marking their first weekly net selling in three weeks, while U.S. taxable bond funds recorded outflows of $3.43 billion. U.S. equity funds post biggest weekly outflow in five weeks 2022-07-22T04:00:00Z The agency said the four brokers sold new issue municipal bonds without obtaining required disclosures for investors. U.S. SEC charges Oppenheimer, BNY, Jefferies and TD over municipal bond disclosures 2022-09-13T04:00:00Z We form the second equation according to the information that Jordi invested $4,000 more in mutual funds than he invested in municipal bonds. Algebra and Trigonometry 2015-02-13T00:00:00Z John invested $4,000 more in mutual funds than he invested in municipal bonds. College Algebra with Corequisite Support 2020-09-23T00:00:00Z Investors were, in effect, enjoying municipal bonds’ tax benefits free. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z Investors exited U.S. taxable bond funds worth $7.44 billion and $1.61 billion in municipal bond funds in their fourth straight week of net selling. Investors turn net sellers of U.S. equity funds on slowdown worries 2022-07-01T04:00:00Z It could also be shut out of the state’s giant municipal bond market. The Texas Law That Has Banks Saying They Don’t ‘Discriminate’ Against Guns 2022-05-28T04:00:00Z Investors sold U.S. municipal bond funds worth $3.05 billion in their biggest disposal in three weeks and exited taxable funds worth $5.52 billion. U.S. bond funds see outflows for 19th straight week 2022-05-20T04:00:00Z We form the second equation according to the information that John invested $4,000 more in mutual funds than he invested in municipal bonds. College Algebra with Corequisite Support 2020-09-23T00:00:00Z So far this year, people who own municipal bond mutual funds and exchange-traded funds have seen the value of their investments sink. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z He has slashed his holding of equities and is moving into municipal bonds in preparation for a months-long bear market. Analysis: Whispers of S&P 500 bear market grow louder as U.S. stock decline continues 2022-05-09T04:00:00Z Texas is one of the biggest bond issuers in the country, and Wall Street has long made lucrative — and relatively risk-free — fees underwriting municipal bonds. The Texas Law That Has Banks Saying They Don’t ‘Discriminate’ Against Guns 2022-05-28T04:00:00Z And the finance giant seemingly shrugged off a threat by a state GOP representative to punish the company by blocking it from underwriting municipal bonds. After state abortion fights, corporate America braces for end of Roe 2022-05-04T04:00:00Z If enacted, Cain said the bill would prevent the New York-based bank from underwriting municipal bonds in Texas unless the bank rescinds its policy. Major companies stay mum on thorny abortion issue – for now 2022-05-05T04:00:00Z As of the end of June, T. Rowe Price’s oldest municipal bond fund, its Tax-Free Income Fund, was paying a yield of 3 percent, up from 2.4 percent at the end of December. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z The district also has the ability to collect taxes and issue municipal bonds. Disney Florida fallout: Taxpayers sue DeSantis for axing company's special tax status 2022-05-04T04:00:00Z The credit-rating agency Fitch, which monitors the credit worthiness of municipal bond issuers like Reedy Creek, did place the district’s outstanding borrowings on negative rating watch after DeSantis signed the law April 22, however. Column: In Florida, DeSantis punishes Disney — by giving it a big tax cut 2022-04-25T04:00:00Z The district, in turn, provides services, including fire response, emergency medical services, water and sewage treatment, and can issue municipal bonds to finance infrastructure projects, which comes with tax advantages. Factbox: What is the special tax designation Disney might lose? 2022-04-22T04:00:00Z It can issue municipal bonds, which get a lower interest rate than corporate debt. How the gay rights showdown threatens Disney's unprecedented self-rule in Florida 2022-04-20T04:00:00Z Online financial calculators can help with comparing the yields on funds that hold taxable bonds versus municipal bonds. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z The forecast covers emissions tied to 77% of its total assets at the end of September 2021, but excludes those such as municipal bonds for which there is currently no reliable data. BlackRock expects 75% of company and govt assets to be net zero-aligned by 2030 2022-04-14T04:00:00Z An increase in interest rates has forced the municipal bond market down generally in recent weeks, however. Column: In Florida, DeSantis punishes Disney — by giving it a big tax cut 2022-04-25T04:00:00Z Dissolving the district would mean the company could no longer finance improvements through municipal bonds, which carry tax advantages. Factbox: What is the special tax designation Disney might lose? 2022-04-22T04:00:00Z A Texas legislator warned Citigroup that he would introduce a bill to prevent the bank from underwriting municipal bonds in the state unless it rescinded its expense policy. Yelp Will Pay for Employees to Travel for Abortion Access 2022-04-12T04:00:00Z The tax breaks are one reason financial advisers like Peggy McGillin of Journey Wealth Partners in Concord, Mass., recommend holding municipal bond funds in the taxable portion of a portfolio. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z On the other hand, municipal bonds are generally well-suited for taxable accounts because at least some of the income they generate typically isn’t taxed. For Taxes, Where You Hold Your Investments Really Matters 2022-03-25T04:00:00Z U.S. municipal bond funds lost $1.67 billion in a sixth consecutive week of outflow, but taxable bond funds gained inflows of $495 million after two weeks of outflows. U.S. equity funds post biggest weekly inflow in six weeks 2022-03-25T04:00:00Z U.S. taxable bond funds lost $5.18 billion in a second consecutive week of net selling, while municipal bond funds saw a fifth weekly outflow, worth $2.04 billion. U.S. bond funds see money outflows for 10th straight week 2022-03-18T04:00:00Z U.S. taxable bond funds lost $6.5 billion in the biggest weekly net selling in three weeks, while municipal bond funds lost $909 million in a fourth weekly outflow. U.S. bond funds see large outflows in the week to March 9 2022-03-11T05:00:00Z Ms. McGillin said her recommendations on allocation to municipal bonds vary based on the client’s age, income and wealth. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z Investors sold municipal bond funds of $1.83 billion, posting a 35% increase in outflows, while taxable bond funds received small inflows of about $1 million after facing outflows for seven consecutive weeks. U.S. money market funds see big inflows as Ukraine conflict intensifies 2022-03-04T05:00:00Z The bill does not apply retroactively to tax-free municipal bonds that have already been issued for construction or major renovation projects. Lawmakers seek to end lucrative tax breaks for pro stadium construction 2022-02-22T05:00:00Z Investors sold U.S. taxable bond funds of $2.37 billion in a fifth successive week of net selling, while outflows form municipal bond funds eased to a four-week low of $12 million. US equity funds see biggest inflow in six weeks 2022-02-11T05:00:00Z D.C.’s fully funded pension plan is a key reason the city enjoys favorable ratings for its municipal bonds and can borrow money at an advantageous rate. Federal prosecutors have been investigating D.C.’s pension board, responsible for $10 billion retirement fund 2022-01-23T05:00:00Z Now that Puerto Rico has emerged from financial reorganization with a plan to repay its creditors, some of its bonds are attractive, said Rachel Betton, a municipal bond portfolio manager for PIMCO. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z U.S. taxable bond funds posted net selling of $2.96 billion, the biggest outflow in four weeks, while U.S. municipal bond funds received just $7 million in inflows. US bond funds post ouflows on expectations of Fed tightening 2022-01-14T05:00:00Z A March 2020 study published in the National Tax Journal estimated that the federal government had lost $4.3 billion in revenue as a result of tax-exempt municipal bonds used for stadium construction since 2000. Lawmakers seek to end lucrative tax breaks for pro stadium construction 2022-02-22T05:00:00Z Investors purchased U.S. taxable bond funds of $5.27 billion, marking the biggest weekly inflow since Nov. 10, while municipal bond funds saw net buying worth $1.13 billion. U.S. equity funds receive big inflows as investors downgrade Omicron impact -Lipper 2021-12-31T05:00:00Z U.S. taxable bond funds drew a record $465.89 billion in net buying while municipal bond funds secured purchases of $96.5 billion. Inflows into U.S. bond funds dwarf equity purchases in 2021 -Lipper 2021-12-10T05:00:00Z Ms. Foos said that information about municipal bonds can be hard to dig up and that disclosures by issuers are often spotty. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z The only tax collected there will be the value-added tax, half of which will be used to pay the municipal bonds and the rest for municipal infrastructure and maintenance. El Salvador to build cryptocurrency-fueled “Bitcoin City” 2021-11-21T05:00:00Z U.S. taxable bond funds drew $4.18 billion while U.S. municipal bond funds pulled in $1.19 billion in net purchases, each witnessing the smallest inflow in three weeks. U.S. equity funds see outflows on rate hike prospects -Lipper 2021-11-19T05:00:00Z The unfinished plants left a bitter legacy — including the largest municipal bond default in U.S. history and, among some, a deep mistrust of the nuclear power industry. This next-generation nuclear power plant is pitched for Washington state. Can it ‘change the world’? 2021-11-08T05:00:00Z But some hold their cash reserves in riskier assets, the report said, including short-term business loans known as commercial paper, corporate and municipal bonds, and even other cryptocurrencies. Treasury report calls for stricter oversight of stablecoins 2021-11-01T04:00:00Z The big perk of municipal bonds is that they are exempt from federal taxes. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z He believes that municipal bond investors should consider “fiscal justice” before investing in a city’s debt. ‘Fiscal Justice Ratings’ Fight Police Brutality With Finance 2021-10-16T04:00:00Z Some municipal bonds that he owned for years were called because of the drop in interest rates, meaning he was paid back before the bonds matured. EXCLUSIVE Fed's Harker says economy close to achieving inflation goal for rate hikes 2021-10-01T04:00:00Z His municipal bond holdings had not been widely criticized in years past, but they have received negative attention in recent days because the Fed helped that market for the first time last year. Jerome Powell says the Fed is reviewing its trading rules. 2021-09-22T04:00:00Z It bought corporate bonds for the first time, as well as municipal bonds, to steady markets in those securities. Under pressure, Powell says Fed to revamp its trading rules 2021-09-22T04:00:00Z In May, the cost briefly disappeared, as the average yields on municipal bonds pulled even with those of U.S. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z After Mr. Floyd was killed by a Minneapolis police officer, there were widespread calls to ban so-called police brutality bonds — municipal bond deals that raise money to pay for legal settlements tied to excessive policing. ‘Fiscal Justice Ratings’ Fight Police Brutality With Finance 2021-10-16T04:00:00Z And Powell himself owns municipal bonds, which the Fed bought last year for the first time to shore up that market. Fed foresees a potential rate hike as soon as next year, as economy and inflation pick up 2021-09-22T04:00:00Z U.S. taxable bond funds received a net $4.74 billion, a 40% drop from the previous week, while U.S. municipal bond funds attracted $833 million, which was the smallest inflow in nearly four months. U.S. equity funds face outflows on growth concerns -Lipper 2021-09-13T04:00:00Z Powell said that his own ownership of municipal bonds was a “a real coincidence” because he had owned them for many years without expecting that the Fed would one day buy them. Under pressure, Powell says Fed to revamp its trading rules 2021-09-22T04:00:00Z Investors have responded to municipal bond funds’ woes by fleeing. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z The interest that creditors take from lending money to municipal governments is also, conveniently, tax exempt, rendering municipal bonds into a kind of onshore tax haven. Opinion | We’re Burying Our Kids in Debt (Just Not the Way You Think) 2021-08-27T04:00:00Z The agency expects to raise $18 billion more for new projects by selling municipal bonds. Sound Transit faces a $6.5 billion shortfall. Here’s what it might do 2021-08-15T04:00:00Z U.S taxable bond funds and municipal bond funds saw a big dip in inflows, the data showed. Inflows into U.S. bond funds dip on inflation jitters, Lipper finds 2021-07-16T04:00:00Z In the municipal bond market, financing conditions remained accommodative over the intermeeting period. Minutes of Federal Reserve June 15-16 policy meeting 2021-07-07T04:00:00Z For the first time in years, municipal bond yields are rising, and many state and local governments — the main issuers of these bonds — are financially flush and carrying strong credit ratings. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z U.S. municipal bond funds attracted $1.73 billion in inflows, while U.S. taxable bond funds saw a net $2.06 billion of inflows, the smallest in 15 weeks. U.S. equity funds receive biggest inflow in 14-weeks- Lipper 2021-06-25T04:00:00Z Both U.S. taxable bond funds and municipal bond funds witnessed the lowest net buying in three weeks at $2.7 billion and $1.65 billion, respectively. U.S. equity funds get first weekly net inflows in three - Lipper 2021-06-18T04:00:00Z During the civil rights movement, for example, extraordinary efforts by the National Association for the Advancement of Colored People pushed Childs Securities, a dealer of government bonds, to boycott Alabama’s municipal bonds in 1965. What History Can Teach Banks About Making Change 2021-05-01T04:00:00Z Issuance of municipal bonds was solid in recent months, and indicators of the credit quality of municipal debt showed some signs of improvement, with the volume of bond upgrades outpacing the volume of bond downgrades. Minutes of Federal Reserve June 15-16 policy meeting 2021-07-07T04:00:00Z The higher yields mean that municipal bond funds and E.T.F.s are providing better income than they have in quite a while. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z The data showed investors put $4.2 billion into U.S. taxable bond funds, and $2.4 billion into U.S municipal bond funds. Graphic: U.S. bond, equity funds lure money inflows as bond yields drop 2021-04-16T04:00:00Z He returned to South Florida and worked as a municipal bond broker until he was hired by Florida Atlantic to build a program from scratch. Howard Schnellenberger, 87, Miami, Louisville coach, dies 2021-03-27T04:00:00Z In December 1964, Wilkins wrote to financial institutions urging them to jettison more than $32 million worth of Mississippi’s municipal bonds. What History Can Teach Banks About Making Change 2021-05-01T04:00:00Z Meanwhile, yields on municipal bonds reached historical lows, with spreads roughly unchanged for high-credit-rated bonds and moderately narrower for lower-credit-rated bonds. Minutes of Federal Reserve June 15-16 policy meeting 2021-07-07T04:00:00Z No one, of course, knows what will happen to the municipal bond market or any market in the months ahead. It’s Been a Poor Year So Far for Municipal Bonds 2022-07-15T04:00:00Z Republicans are pushing to rein in Federal Reserve lending programs for midsize businesses and municipal bond issuers that were intended to ease the pandemic’s sting, saying those programs were meant to be temporary. Congress works through the weekend to finalize COVID aid package 2020-12-19T05:00:00Z For the $120 million for the new Green Lake community center, David Graves, a strategic adviser with the Parks Department, mentioned grants and municipal bonds might need to be tapped in addition to property taxes. Green Lake Community Center: Why no Green Lake LID? 2020-11-30T05:00:00Z That process was postponed due to COVID-19, and the latest cost estimate means other sources likely will also need to be tapped, Graves said, mentioning grants and municipal bonds. This is what a new 90,000-square-foot community center at Seattle’s Green Lake could look like 2020-11-30T05:00:00Z Mark Paris, who manages New York and national municipal bond funds for the asset management firm Invesco, said M.T.A. bonds were “definitely a great place to get some yield.” New York Subway’s Pain Could Bring Riches for Bond Investors 2020-10-30T04:00:00Z The Fed has propped up the prices of corporate and municipal bonds, and bailed out airlines, “or rather airline bondholders.” Opinion | Socialism is no longer just a specter 2020-10-22T04:00:00Z High-quality corporate and municipal bonds may be tempting because they pay more interest than Treasuries. The Baby Boomer Bond Dilemma 2020-10-08T04:00:00Z Why isn’t the City Council reverting to “grants and municipal bonds” for the Waterfront Park and abandoning the unfair, ill-conceived Waterfront LID? Green Lake Community Center: Why no Green Lake LID? 2020-11-30T05:00:00Z The Fed and Treasury never established a similar program to buy up existing municipal bonds. Clash Over Municipal Loan Program Delays Stimulus Report 2020-10-09T04:00:00Z Powell said the mere announcement of the program back in the spring caused the municipal bond market to perk up, making it easier for local governments to borrow. Powell and Mnuchin credit stimulus with boosting recovery, but calls for more aid go unanswered 2020-09-22T04:00:00Z But municipal bond investors have innovated their way around these requirements through a mechanism called “certificates of participation.” Editorial Roundup: Idaho 2020-09-10T04:00:00Z In May, the Federal Reserve offered to buy states’ bonds if terms in the municipal bond market become onerous. With Washington Deadlocked on Aid, States Face Dire Fiscal Crises 2020-09-07T04:00:00Z Investors were dumping municipal bonds, jeopardizing the ability of states and cities to borrow money and pay employees. Steven Mnuchin Tried to Save the Economy. Not Even His Family Is Happy. 2020-08-30T04:00:00Z The municipal bond program, like most of the Fed’s facilities, expires at the end of the year. Clash Over Municipal Loan Program Delays Stimulus Report 2020-10-09T04:00:00Z That, in turn, could threaten municipal bond payments and even the urban renewal plans that rely on minor-league baseball in some places. Businesses Thought They Were Covered for the Pandemic. Insurers Say No. 2020-08-05T04:00:00Z At this point, the average high-grade intermediate municipal bond fund is back above water for 2020. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z He said the municipal bond market had not looked closely enough at where revenue comes from. How Investors Are Addressing Racial Injustice 2020-07-03T04:00:00Z The central bank’s corporate bond-buying and municipal bond purchases only recently started, and it announced just this week that it would expand its Main Street program to reach a broader array of business borrowers. Here’s What to Watch at the Fed’s June Meeting 2020-06-10T04:00:00Z Treasury on programs to buy corporate and municipal bonds, and offer loans to small and medium-sized firms in the “real” economy as well. With crisis response in place, Fed looks to long term 2020-06-10T04:00:00Z Its initiatives also include a first-ever program through which the Fed is buying state and local government debt to support the municipal bond market. Powell likely to stress Fed’s ability to further aid economy 2020-06-09T04:00:00Z The $3.9 trillion municipal bond market has a quirky structure: There are around 50,000 issuers, yet no single exchange where trades can be quickly executed. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z Investors can also seek larger changes on racial justice through the municipal bonds sold by local and state governments. How Investors Are Addressing Racial Injustice 2020-07-03T04:00:00Z Other programs aimed at helping larger companies and municipal bond issuers through a sharp recession are just getting started and Powell and Mnuchin may provide details on their application. Powell, Mnuchin to face Senate grilling on U.S. coronavirus response 2020-05-19T04:00:00Z I miss the people I had steadily become quite close to, over years and years of the same conversations at the school gates, about green-energy municipal bonds, or about my fringe. It is not just loved ones I miss, but the joy of hanging out with casual friends | Zoe Williams 2020-05-15T04:00:00Z The central bank in March moved to buy massive quantities of government, corporate and municipal bonds, and it is launching a program to lend directly to Main Street businesses. U.S. stocks sink, with Dow falling more than 500 points, after Fed chief signals economic pain ahead 2020-05-13T04:00:00Z Longer term, absent federal aid, state and local governments would need to consider raising taxes, reducing services and cutting payrolls to cover bills, including municipal bond payments. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z As trading seized up in March, the central bank swiftly moved to buy massive quantities of government, corporate and municipal bonds. Stocks surged on one of the unhappiest days in American economic history: Here’s why 2020-05-08T04:00:00Z And it has expanded its support for state and local municipal bonds. Opinion | The Fed demonstrates American leadership at its best 2020-04-30T04:00:00Z As trading seized up amid the initial March panic, the central bank swiftly launched plans to buy massive quantities of government, corporate and municipal bonds. Stock market rebounds while unemployment spikes, showing reach and limits of Fed’s muscle 2020-04-28T04:00:00Z Earlier this month, as part of a $2.3 trillion lending program, the Fed said it would buy municipal bonds issued by state and local governments, up to $500 billion. Federal Reserve likely to pledge support for ailing economy 2020-04-29T04:00:00Z Yet many municipal bond mutual funds and exchange-traded funds have managed to post positive returns for the first half of the year. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z Two weeks ago, as part of a $2.3 trillion lending program, the Fed said it would, for the first time, buy municipal bonds issued by state and local governments, up to $500 billion. Questions swirl as Fed meets amid deepening economic crisis 2020-04-27T04:00:00Z “It’s just so woefully underfunded for the needs of the programs,” said Howard Cure, director of municipal bond research at Evercore Wealth Management. Denied, Deferred and Ignored: 13 Applications, and No Relief 2020-04-24T04:00:00Z Central bankers are seeking ways to revive a $4tn market for municipal bonds that allows states and cities to borrow funds for basic infrastructure spending such as schools, hospitals and highways. New York mayor De Blasio asks if Trump is telling city to 'drop dead' over Covid-19 2020-04-19T04:00:00Z Vanguard Intermediate Term Tax-Exempt, the largest municipal bond fund, lost more than 10 percent. Bonds Started to Falter. Then, the Fed Came to the Rescue. 2020-04-16T04:00:00Z On top of that, interest on municipal bonds is exempt from federal tax, and bonds issued within your state of residence may also be exempt from state and local income tax. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z The Cares Act appropriates funds for the program targeting municipal bonds. Baltimore, Boston and hundreds of other cities could struggle to tap $500 billion federal emergency program as local finances stretch thin 2020-04-18T04:00:00Z The Fed typically is reluctant to enter the market for municipal bonds out of concern it would be picking winners and losers. Cities and states brace for economic ‘reckoning,’ eyeing major cuts and fearing federal coronavirus aid isn’t enough 2020-04-10T04:00:00Z The facility will use an SPV to buy municipal bonds of up to two year’s duration. Explainer: What the Federal Reserve has done in the coronavirus crisis 2020-04-09T04:00:00Z An index of high-grade municipal bonds lost nearly 11 percent during a two-week stretch as investors eager to raise cash or rebalance into battered stocks created a logjam of too many sellers. Bonds Started to Falter. Then, the Fed Came to the Rescue. 2020-04-16T04:00:00Z The nation’s fiscal problems imply that the value of the tax exemption on municipal bond income isn’t likely to wane. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z March 16-31: The Fed launches range of measures to increase liquidity in financial markets and promises unlimited, open-ended large-scale asset purchases, including purchases of corporate and municipal bonds. Timeline: Fed's response - pandemic downturn vs financial crisis 2020-04-09T04:00:00Z Cities, states, counties and other government entities are unable to borrow in the $4 trillion municipal bond market except at extremely high short-term rates as their sales and income tax revenues plunge. Wobbly U.S. fiscal response could deepen coronavirus recession 2020-04-08T04:00:00Z But Mr. Magaziner remains worried about the municipal bond market, which state and local governments tap to fund everything from road construction to schools. Why State and Local Debt Is Fraught Territory for the Fed 2020-04-01T04:00:00Z For someone in the 24 percent federal tax bracket, a 1.8 percent municipal bond yield is the equivalent of earning 2.4 percent on a taxable bond. Bonds Started to Falter. Then, the Fed Came to the Rescue. 2020-04-16T04:00:00Z “It’s a very inefficient market with a lot of uncertainty, and that breeds opportunities,” said Mathew Kiselak a senior portfolio manager for Vanguard’s municipal bond team. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z Some smooth over the municipal bond market by accepting local debt — which is issued to build roads and finance schools — as collateral. How Powell and Mnuchin Became the Duo in Charge of Saving the Economy 2020-03-31T04:00:00Z The Fed’s intervention to support the municipal bond market means state and local governments can borrow money in the future to help address the red ink they’re sure to face because of the crisis. Analysis | Trump administration’s coronavirus response is ‘abysmal,’ ‘infuriating,’ Washington region’s leaders say 2020-03-29T04:00:00Z The problem is that municipal bonds are a relatively tiny market: They total about $3.9 trillion, peanuts compared with the $16.7 trillion Treasury market. Why State and Local Debt Is Fraught Territory for the Fed 2020-04-01T04:00:00Z The bonds are technically known as “private activity bonds” that work like tax-free municipal bonds for infrastructure but are not issued or guaranteed by the government. Stuck in low gear, Las Vegas high-speed train project is now moving forward 2020-03-25T04:00:00Z Mr. Kiselak says even with the recent rally, high-quality municipal bond yields are still relatively high compared with other bonds’, which suggests there is still value to be mined. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z The intensifying need for dollars means that banks and other investors are seeking to rapidly unload Treasuries, short-term corporate debt, municipal bonds and other securities. Q&A: What did the Fed do Monday and who will it help? 2020-03-24T04:00:00Z Investors pulled a record $12.2 billion from municipal bond funds in the week ending March 18, according to Lipper, a financial data company. Fed announces unlimited bond purchases in unprecedented move aimed at preventing an economic depression 2020-03-23T04:00:00Z Buying big chunks of municipal bonds, as the Fed does in the Treasury market and plans to do in the investment-grade corporate debt market, would be no small task. Why State and Local Debt Is Fraught Territory for the Fed 2020-04-01T04:00:00Z The Fed said it will set up three new lending facilities that will provide up to $300 billion by purchasing corporate bonds, buying a wider range of municipal bonds, and purchasing asset-backed securities. Federal Reserve to lend up to $300B to businesses, cities 2020-03-23T04:00:00Z Highly rated municipal bond issuers typically have enough cash set aside to cover at least a year’s worth of their obligations to their investors. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z The funds will now be able to sell off their municipal bond holdings to satisfy those redemptions. Fed Backstops Corner of Municipal Debt Markets Amid Calls for Support 2020-03-20T04:00:00Z Beyond corporations, the Fed may need to overcome its long resistance to supporting the markets for municipal bonds, one of the few types of markets it did not directly prop up in 2008. What the Fed Could Do Next to Try to Prevent an Economic Unraveling 2020-03-20T04:00:00Z “It’s a very politically sensitive issue to buy a municipal bond,” he said. Why State and Local Debt Is Fraught Territory for the Fed 2020-04-01T04:00:00Z It also operates as a benchmark against which all other assets — stocks, corporate bonds, municipal bonds and commodities — are priced. U.S. stock market suffers worst crash since 1987, as Americans wake up to a new normal of life 2020-03-12T04:00:00Z Amid the uncertainty, high-grade municipal bonds offer income investors yields that are relatively high. Local Finances Are Troubled, but Fund Investors May Still Profit 2020-07-10T04:00:00Z Among other things, the credit crunch means there are relatively few buyers for municipal bonds. Fed Backstops Corner of Municipal Debt Markets Amid Calls for Support 2020-03-20T04:00:00Z Short of Mr. Rosengren’s dramatic — and potentially unpalatable — suggestion, officials could potentially buy short-term municipal bonds, but doing so could amount to financing local governments. Bonds Hit Historic Lows, Prompting Fed to Ponder: What More Can We Do? 2020-03-06T05:00:00Z After legislation passed empowering the Fed with more financial backing for emergency lending, which it would use to snap up the municipal bonds, the market for outstanding local bonds temporarily calmed. Why State and Local Debt Is Fraught Territory for the Fed 2020-04-01T04:00:00Z That yield tumble — which played out in corporate and municipal bonds as well — is what set off the big 2019 gains for bond funds and E.T.F.s. The Great Bond Party of 2019 Is Ending 2020-01-17T05:00:00Z “Will cities, for example, be able to afford their infrastructure needs as climate risk reshapes the market for municipal bonds?” BlackRock makes climate change central to its investment strategy 2020-01-14T05:00:00Z Then, in the mid- to late 1950s, it lost approximately $10 million in municipal bond investments. Mormons and money: An unorthodox and messy history of church finances 2019-12-27T05:00:00Z The City Council will decide this month whether to sell $1.5 million of municipal bonds for the project, which could be operational by the end of 2020, the Valley News reported. City to decide whether to advance methane-to-energy plan 2019-12-09T05:00:00Z Mr. Ellis received a law degree from the University of Washington and joined one of Seattle’s top legal firms, Preston, Thorgrimson & Horowitz, known for municipal bond work. Jim Ellis, who preserved Washington’s nature and spearheaded public works, dies at 98 2019-10-22T04:00:00Z Meanwhile, offerings of new municipal bonds this year haven’t kept pace with demand because the tax overhaul did away with a major refinancing tactic and states and cities remain hesitant to run up debt. Hunt for Tax Havens Fuels $47 Billion Stampede Into Muni Debt 2019-09-28T04:00:00Z The natural disaster came as the island reeled from the biggest ever bankruptcy in the municipal bond market — an economic crisis, compounded by state-imposed austerity measures, compounded by the storm. To pay for Trump’s wall, a hurricane-wrecked base in Puerto Rico loses funding 2019-09-19T04:00:00Z The natural disaster came as the island reeled from the biggest ever bankruptcy in the municipal bond market – an economic crisis, compounded by state-imposed austerity measures, compounded by the storm. At half-ruined Puerto Rico base, hurricane recovery funds pulled for Trump’s wall 2019-09-19T04:00:00Z To fund the addition of two new floors along with the rest of the project, the library is tapping into its capital budget, which relies on municipal bonds and federal grants. Martin Luther King Jr. Memorial Library undergoing $221 million renovation 2019-08-12T04:00:00Z Is too much public disclosure about municipal bond elections a bad thing? California law on describing public bond costs may die next year 2019-06-24T04:00:00Z Mell Associates, an investment firm that specialized in municipal bond markets, pleaded guilty last month to endangering the welfare of a child, NJ.com reported, citing Acting Hunterdon County Prosecutor Michael J. Williams. New Jersey millionaire gets 7 years behind bars over sex with teen girl 2019-06-18T04:00:00Z When investment houses are trying to decide if they want to buy municipal bonds, they seek information on the financial practices of the community. Recent editorials published in Iowa newspapers 2019-05-27T04:00:00Z Mell Associates, an investing firm that specialized in municipal bond markets, pleaded guilty Tuesday to endangering the welfare of a child, NJ.com reported. Millionaire businessman pleads guilty to sexual conduct with underage girl in NJ: reports 2019-05-19T04:00:00Z There were no jobs in teaching, she later said, so she joined Bache & Co. in New York and began trading municipal bonds. Ellen Tauscher, former House Democrat and arms negotiator under Obama, dies at 67 2019-04-30T04:00:00Z For taxpayers paying the highest federal rate — now 37 percent — that 1.9 percent municipal bond yield is equivalent to earning 3 percent on a taxable bond, well above the Treasury yield. Tax Headaches? A Dose of Muni Bonds Might Help 2019-04-12T04:00:00Z Appeals Court in a lawsuit related to Puerto Rico’s bankruptcy raises concerns over the payment of municipal bonds backed by specific revenues during future Chapter 9 cases, Fitch Ratings said on Thursday. Court ruling in Puerto Rico bankruptcy fans revenue bond fears 2019-03-28T04:00:00Z Investors in California’s municipal bonds are watching to determine whether the state offers any assistance that would affect its finances as well as any potential effect from higher customer rates. PG&E's bankruptcy could create pain beyond California 2019-01-29T05:00:00Z Leveraged loans, while growing rapidly, account for less than 5% of the more than $42-trillion U.S. fixed income debt market, which also includes corporate and municipal bonds. Remember the subprime mortgage mess? $1.2 trillion in risky corporate debt is flashing similar warning signs 2019-01-20T05:00:00Z He reinvested the money only in things that he uses: shares in Georgia’s power utilities and municipal bonds of DeKalb County and the Atlanta airport. Sears Is Dying, but Workers’ Loyalty Lives On 2018-12-28T05:00:00Z Wholesale changes in the tax code that went into effect in 2018 contained two provisions that have fueled the municipal bond market. Tax Headaches? A Dose of Muni Bonds Might Help 2019-04-12T04:00:00Z The firm manages more than $9 billion of municipal bonds in client portfolios. Exclusive: Higher revenues, restrained spending boost U.S. states'... 2018-10-30T04:00:00Z There also was commonality in their holdings of dozens of state and municipal bonds. To Avoid Conflicts, Rick Scott Created a Trust Blind in Name Only 2018-10-17T04:00:00Z Ms. Spath says she sees good value in municipal bonds today. Income Investors Finally Have a Chance to Cash In 2018-10-12T04:00:00Z As a powerful group of billionaires, well versed in the ins and outs of municipal bonds or antitrust litigation, they readily grasp that sports and politics don’t exist in neatly bounded spheres. Should We Keep Politics Out of Sports? 2018-09-17T04:00:00Z The increased popularity of municipal bonds has made them more expensive, and structural issues within the market require deft navigation. Tax Headaches? A Dose of Muni Bonds Might Help 2019-04-12T04:00:00Z Newly issued municipal bonds surged to 534 billion yuan in June, from a monthly average of 176 billion yuan earlier in the year. China Seeks Economic Boost as Trade Spat Grows 2018-07-26T04:00:00Z Puerto Rico municipal bonds were once prized assets: They promised higher yields than other municipal bonds, and the income from them is not taxable. How OfficeMax's former CEO lost more than $4 million, thanks to Wells Fargo's investment advice 2018-07-20T04:00:00Z A combination of municipal bonds and money from the general fund paid for the project. Will Seattle’s new paid-parking system take cash? The answer to that and other parking questions 2018-07-01T04:00:00Z But his personal financial disclosures include his wife’s ownership of a home in a coastal community near Los Angeles and more than 30 municipal bonds earning at least $62,000 in income last year. Reports don’t always match rhetoric in Nevada Senate race 2018-06-29T04:00:00Z Even though municipal bonds typically have a lower nominal yield than taxable bonds, once you factor in taxes, municipal bonds can leave more money in your pocket. Tax Headaches? A Dose of Muni Bonds Might Help 2019-04-12T04:00:00Z U.S. securities division agreed to pay a $1.4 million fine to the Financial Industry Regulatory Authority on Wednesday to settle charges that it violated reporting and supervisory rules related to equity and municipal bond trades. Deutsche Bank's U.S. brokerage fined $1.4 million for reporting... 2018-06-27T04:00:00Z Without it, the spread or yield of newly issued local municipal bonds increased by 37 basis points. Cost of government rises when local newspaper closes, study finds 2018-06-10T04:00:00Z For instance, Berkeley, California is considering developing a cryptocurrency to let people buy municipal bonds; and of course, using blockchain for voting is a commonly mentioned policy goal. How Bitcoin made right-wing conspiracy theories mainstream 2018-06-08T04:00:00Z The fee cuts on Friday most deeply affected products in the bond market, including an emerging-market bond exchange-traded fund and another one invested in municipal bonds. BlackRock promises selective fee cuts to capture growth 2018-06-05T04:00:00Z “If your new marginal tax rate is much lower, municipal bonds would arguably be less attractive,” he said. Tax Headaches? A Dose of Muni Bonds Might Help 2019-04-12T04:00:00Z These differ from municipal bonds as investors must pay back the city if the projects don’t meet certain standards. Baltimore to use bonds to fund part of green projects 2018-03-26T04:00:00Z In that instance too, the median yield spread for newly issued local municipal bonds increased by about 66.1 basis points – another indication, according to the authors, that public finances suffer when a newspaper closes. Cost of government rises when local newspaper closes, study finds 2018-06-10T04:00:00Z The project would be funded with municipal bonds and then paid for by subscribers. 12 Vermont towns agree to form internet municipality 2018-03-07T05:00:00Z That pressure has already caused the yield difference between municipal bonds and comparable Treasuries to widen — reducing the muni advantage. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z Owning municipal bonds solely from issuers within your own state can be appealing, but here, too, caution is advised. Tax Headaches? A Dose of Muni Bonds Might Help 2019-04-12T04:00:00Z The Florida pension investment portfolio is broadly diversified into equities, corporate bonds, municipal bonds, U.S. Why taking gun stocks out of the Florida teachers pension is not simple 2018-02-21T05:00:00Z Suppose you hold some of Oakland’s municipal bonds. Climate Change Could Swamp Your Muni-Bond Portfolio 2018-02-02T05:00:00Z Depleted at its center and stranded in an era of sluggish growth, the city pursued what he said was the next best option — selling municipal bonds paid for with revenue from a special taxing district. Welcome to the Neighborhood: America’s Sports Stadiums Are Moving Downtown 2018-01-19T05:00:00Z For much of the last decade, the tax-free yield on a 10-year high-grade municipal bond was at least 90 percent of the taxable yield on a 10-year Treasury. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z But tax-free municipal bonds have been singularly blessed. Tax Headaches? A Dose of Muni Bonds Might Help 2019-04-12T04:00:00Z He also holds the dubious record as the first person convicted of federal securities fraud in connection to municipal bonds. Editorials from around New York 2018-01-03T05:00:00Z Authorities said St. Lawrence inflated town assets to obtain municipal bonds used in 2012 to build a sports and concert venue outside Pomona. Ex suburban NY development official gets probation 2018-01-02T05:00:00Z They also escalated into a feud between the NFL and President Trump, who threatened to end the use of tax-exempt municipal bonds to build stadiums. NFL looks to recover from record low TV ratings 2017-12-24T05:00:00Z That would hurt general obligation municipal bonds, which are backed by the taxing power of a municipality. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z In the heat of the NFL player protests against the National Anthem the president said it was time to rethink the league’s benefits by denying them access to tax-free municipal bonds. NFL owners’ tax break remains intact 2017-12-20T05:00:00Z Other sports leagues also rely tax-free municipal bonds to fund stadiums. NFL owners to keep tax breaks under new tax plan 2017-12-20T05:00:00Z Major sports teams will still be able to build and renovate their stadiums with tax-exempt municipal bonds. A look at some winners and losers under the GOP tax plan 2017-12-16T05:00:00Z The criminal case followed U.S. regulators’ push in recent years to crack down on fraud in the U.S. municipal bond market through civil actions. Ex-New York town official sentenced to two-and-half years for bond fra 2017-12-13T05:00:00Z Mr. McGuirk of T. Rowe Price said that while these bonds account for about one-third of new muni issues annually, his firm’s municipal bond funds usually have 15 percent or less invested in them. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z In New York City, officials in May moved to block the bank from selling municipal bonds and said they would not sign a new banking contract with Wells Fargo until its CRA rating improves. L.A. backs requirements that could freeze out Wells Fargo from city contract 2017-12-13T05:00:00Z According to NJ.com, The new tax bill does not alter the ability for states to sell tax-free municipal bonds, which are often used when teams look to use public money to build new stadiums. NFL owners to keep tax breaks under new tax plan 2017-12-20T05:00:00Z Mr. Trump urged the government to end the use of tax-exempt municipal bonds used to build or renovate NFL stadiums. Saints season ticket holder sues team over anthem protests 2017-12-12T05:00:00Z The criminal case followed U.S. regulators’ push in recent years to crack down on fraud in the U.S. municipal bond market through civil actions. Ex-New York town official sentenced to two-and-half years for bond fra 2017-12-13T05:00:00Z Hugh McGuirk, head of the municipal bond team at T. Rowe Price, expects that this ratio will “be even under more pressure” as a result of these supply and demand issues. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z NFL spokesman Joe Lockhart told reporters that the league opposes efforts to eliminate pro sports teams’ use of tax-exempt municipal bonds because the benefits are “obvious in many of our communities.” NFL stadiums cost taxpayers billions of dollars 2017-11-22T05:00:00Z He has a consulting business analyzing esoteric municipal bonds for a handful of wealthy families. He Took On the Voting Rights Act and Won. Now He’s Taking On Harvard. 2017-11-19T05:00:00Z Tax-free municipal bonds allow schools to borrow money at low rates. Endowments Boom as Colleges Bury Earnings Overseas 2017-11-08T05:00:00Z Many of Puerto Rico’s existing problems — its $72 billion municipal bond debt, archaic and brittle electrical energy infrastructure and health care collapse — have accelerated in a scary fashion because of the hurricane. Opinion | Puerto Rico in the Dark 2017-11-04T04:00:00Z For many people with hefty state and local tax bills, the new federal tax law gives municipal bonds a powerful new appeal. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z “However, municipal bonds issued by high tax states and localities would likely become even more valuable to investors, and there could be stronger demand from retail investors, bringing yields and muni-Treasury ratios down,” Barclays said. NY, California governors say residents would suffer under Trump tax cuts 2017-10-27T04:00:00Z Tax-exempt municipal bonds are issued by states and localities and are generally used for public works projects such as roads, schools, bridges and hospitals. Abortion clinics built with federal tax law aid 2017-10-22T04:00:00Z A big chunk is owned by mutual funds, such as Oppenheimer and Franklin Templeton, which operate municipal bond funds of which Puerto Rico debt probably represents a small if not tiny portion. Analysis | To the average investor, Puerto Rico debt crash is more whimper, less bang 2017-10-10T04:00:00Z A big chunk is owned by mutual funds such as Oppenheimer and Franklin Templeton, and Puerto Rico debt in the municipal bond funds they operate probably represents a small if not tiny portion. To the average investor, Puerto Rico debt crash is more of a whimper than a bang 2017-10-12T04:00:00Z For such people, tax-free investment income becomes ever more valuable — and municipal bonds can fit the bill. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z “However, municipal bonds issued by high tax states and localities would likely become even more valuable to investors, and there could be stronger demand from retail investors, bringing yields and muni-Treasury ratios down,” Barclays said. NY, California governors say residents would suffer under Trump tax cuts 2017-10-27T04:00:00Z President Trump escalated his battle with pro football players protesting the national anthem by urging the government Tuesday to end use of tax-exempt municipal bonds used to build or renovate National Football League stadiums. Donald Trump threatens NFL stadium tax breaks 2017-10-10T04:00:00Z Most of Puerto Rico’s debt is in the form of municipal bonds, a type of debt governed primarily by state laws — or territorial laws, in Puerto Rico’s case — not by the federal government. Trump Vows to ‘Wipe Out’ Puerto Rico’s Debt. Can He Do That? 2017-10-04T04:00:00Z It defaulted on a municipal bond payment in 2015 and filed for bankruptcy the same year under its original name. NOT REAL NEWS: A look at what didn’t happen this week 2017-09-29T04:00:00Z The interest income paid on municipal bonds is exempt from federal tax. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z Some of that assistance comes in the form of municipal bonds, which are exempt from federal taxes. NFL players’ protests risk stadium funding 2017-09-28T04:00:00Z U.S. cities typically finance the repair or construction of stadiums through the sale of municipal bonds that are exempt from federal taxes. Donald Trump threatens NFL stadium tax breaks 2017-10-10T04:00:00Z U.S. municipal bonds were also sold for the same reason. Stocks, bond yields, dollar up after Trump tax plan 2017-09-27T04:00:00Z With about $9 billion in outstanding debt, Prepa is among the most troubled branches of a Puerto Rican government saddled with around $74 billion in total debt, mostly in municipal bonds. Puerto Rico May Get Help from Unlikely Source: Its Lenders 2017-09-27T04:00:00Z For one thing, amid fiscal belt tightening since the financial crisis, the pace of new municipal bonds hitting the market has declined. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z Likewise, the federal tax exemption for municipal bonds used to build stadiums has been a target for years. NFL players’ protests risk stadium funding 2017-09-28T04:00:00Z To pay for these services, the territory routinely borrowed money by issuing municipal bonds – as it did in other branches of government. Puerto Rico faces a health crisis made worse as majority of hospitals are inadequate 2017-09-27T04:00:00Z U.S. municipal bonds were also sold for the same reason. Stocks, bond yields, dollar up after Trump tax plan 2017-09-27T04:00:00Z Yields on its debt in the U.S. municipal bond market also fell due to the action. Illinois' unpaid bill backlog hits a record $16 billion 2017-09-19T04:00:00Z The tax law revision also eliminated advance refunding issues, a type of municipal bond financing that accounts for around 15 percent of the market, intensifying supply constraints. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z Her views are common as municipal bond investors and analysts try to assess the overall damage to Houston, the fourth-largest city in the United States. Muni prices stable amid Texas floods, but investors watch for risks 2017-08-31T04:00:00Z As charter schools and the number of students attending them grow, bonds used to finance the schools is also a growing segment of the municipal bond market. Number of charter schools, students in U.S. rises: report 2017-08-22T04:00:00Z Historically, the U.S. financed the vast majority of its infrastructure through the tax-exempt, low-cost vehicle of the $3.8 trillion U.S. municipal bond market. Infrastructure borrowing drops as U.S. states await Trump plan details 2017-08-06T04:00:00Z Yields on its debt in the U.S. municipal bond market also fell due to the action. Illinois' unpaid bill backlog hits a record $16 billion 2017-09-19T04:00:00Z At the same time, individual investors own about 70 percent of the municipal bonds, and demand from them seems likely to remain strong. The Tax Law Gives Municipal Bonds a New Allure 2018-02-23T05:00:00Z Her views are common as municipal bond investors and analysts try to assess the overall damage to Houston, the fourth-largest city in the United States. Muni prices stable amid Texas floods, but investors watch for risks 2017-08-31T04:00:00Z As charter schools and the number of students attending them grow, bonds used to finance the schools is also a growing segment of the municipal bond market. Number of charter schools, students in U.S. rises: report 2017-08-22T04:00:00Z Historically, the U.S. financed the vast majority of its infrastructure through the tax-exempt, low-cost vehicle of the $3.8 trillion U.S. municipal bond market. Infrastructure borrowing drops as U.S. states await Trump plan details 2017-08-06T04:00:00Z The city plans to sell municipal bonds to fund its contribution. Oklahoma council approves $85.4M subsidy for hotel 2017-07-19T04:00:00Z Today, Sierra’s municipal bond exposure is entirely in high-yield muni funds, she said. When the Trump Agenda Loses Steam, Muni Bonds Gain Momentum 2017-07-14T04:00:00Z Since municipal bonds are tax-exempt, the IRS missed out on an estimated $3.7 billion in revenue. Editorial Roundup: Recent editorials in Oklahoma newspapers 2017-06-20T04:00:00Z One municipal bond analyst says she’s not sure how much the move would boost the pension funds’ health. Christie plan to link lottery to pensions goes to lawmakers 2017-06-13T04:00:00Z On Monday night, news of the proposed rallies dominated a city council meeting that was supposed to center on municipal bonds. The Ku Klux Klan wants to rally in Charlottesville. Now this college town is on edge again. 2017-06-06T04:00:00Z As a result, the nation’s municipal bond market is bigger and more developed than in most other countries, and that makes public financing of infrastructure much more attractive, lessening the need for private partnerships. When Companies Lead on Infrastructure, Taxpayers Often Bear the Costs 2017-06-06T04:00:00Z The municipal bonds, issued in two separate offerings, would total $1.1 billion. Looking for (Another) $1.1 Billion to Finish an Amusement Mall 2017-05-31T04:00:00Z According to research by the Brookings Institution, 36 of the 45 stadiums built or renovated since 2000 were financed with public money, typically municipal bonds. Editorial Roundup: Recent editorials in Oklahoma newspapers 2017-06-20T04:00:00Z Attorney Joon Kim said in a release that the conviction marked the first conviction for securities fraud in connection with municipal bonds. Ramapo town supervisor convicted in securities fraud case 2017-05-19T04:00:00Z So far in 2017, Wells Fargo is in sixth place among senior underwriters of municipal bonds with 85 deals totaling nearly $8.13 billion, according to the data. Wells Fargo's suffers slump in muni bond underwriting 2017-05-19T04:00:00Z The case followed U.S. regulators' push in recent years to bring civil actions against those accused of misconduct in the $3.7 trillion U.S. municipal bond market. New York town official convicted in landmark bond fraud case 2017-05-19T04:00:00Z Actually, because most non-profit colleges sell municipal bonds, their financial statements are readily available. How Colleges Know What You Can Afford (and the Limits of That Tactic) 2017-05-17T04:00:00Z The decision triggers the beginning of a debt restructuring process, the largest ever registered in the municipal bond market of the US. Puerto Rico's debt crisis is a wake-up call. It could be crushed like Greece | Martin Guzman 2017-05-08T04:00:00Z Q:Why would it be smart to sell long-term municipal bonds? From health care to divorce, it’s down to economics 2017-04-22T04:00:00Z The case followed U.S. regulators' push in recent years to bring civil actions those accused of misconduct in the $3.7 trillion U.S. municipal bond market. New York town official to face trial in landmark bond fraud case 2017-04-19T04:00:00Z Professional municipal bond investors are generally sanguine that while policy changes may cause some near-term volatility, they are not an existential threat. The Muni Market Turns Toward Washington 2017-04-14T04:00:00Z About $750 million for the project will be financed through municipal bonds, which are tax exempt. The Oakland Raiders Sack the Taxpayers 2017-03-29T04:00:00Z The real estate industry, charitable groups, municipal bond traders, and state and local governments are just a few of the constituencies that are likely to revolt at the first hint of such changes. 5 Reasons Trump’s Promised Tax Overhaul Won’t Be So Easy 2017-03-28T04:00:00Z They say the case is believed to be the first conviction for federal securities fraud in connection with municipal bond issuances. Suburban NY official pleads guilty to securities fraud 2017-03-07T05:00:00Z In addition to the various disclosure proposals, the SEC also proposed a measure that would require brokers who underwrite municipal bonds to ask municipalities for additional disclosures related to bank loans and other financial obligations. SEC to adopt rules requiring hyperlinks for corporate exhibits 2017-03-01T05:00:00Z And that rate rise is making municipal bonds a better value. The Muni Market Turns Toward Washington 2017-04-14T04:00:00Z The station is all that’s left of a plan to build five nuclear plants in the Northwest, a debacle that led to one of the largest municipal bond defaults in history. Study: Savings possible by shutting down Richland, Wash. nuclear power plant 2017-02-21T05:00:00Z Schedule D is also used to report sales of real estate, artwork and other assets, including municipal bonds. How to Fill Out Your Tax Return Like a Pro 2017-02-17T05:00:00Z The disclosures also show that Puzder owns a substantial number of California municipal bonds. Fast-food CEO Andy Puzder says he will divest from more than 200 investments if confirmed as labor secretary 2017-02-08T05:00:00Z In the past few years, more lawmakers have moved away from investing in individual stocks, opting instead for mutual funds, Treasury bills or municipal bonds as investments. HHS nominee’s mix of investments, donations, legislation keeps raising questions 2017-01-23T05:00:00Z Even more troubling for the market, the tax exemption of interest income — the very foundation of municipal bonds — is always part of discussions about changing the tax code. The Muni Market Turns Toward Washington 2017-04-14T04:00:00Z He added that governors want "all the tools" to be made available, including cash, municipal bonds, public-private partnerships and federal matching programs. U.S. governors want say on Trump's infrastructure plan 2017-01-23T05:00:00Z The commission, which polices sales of stocks and bonds, said the Port Authority had admitted to wrongdoing in the matter, making it the first issuer of municipal bonds to do so. Port Authority Will Pay $400,000 to Settle Federal Securities Charges 2017-01-10T05:00:00Z Tillerson also listed real estate holdings including the Texas horse ranch, valued at between $5 million and $25 million, that he owns with his wife, and many municipal bonds issued by Texas cities. Tillerson owns stock in Exxon Mobil competitors 2017-01-05T05:00:00Z On Dec. 15, a delegation from the United States Conference of Mayors met with Mr. Trump at Trump Tower, focusing on areas of bipartisan agreement like infrastructure needs and tax exemptions for municipal bonds. De Blasio and Big City Mayors Try Pooling Their Power Against Trump 2016-12-29T05:00:00Z “There is a perception that every one of the policies being discussed will be passed and passed in short order and all will be deeply harmful to municipal bond investors,” he said. The Muni Market Turns Toward Washington 2017-04-14T04:00:00Z Construction was left to contractors, and money for roads and lighting came from municipal bonds that were paid back by residents. What Disney’s city of the future, built to look like the past, says about the present 2016-12-20T05:00:00Z That would dull one of the biggest appeals of municipal bonds: their tax-exempt income. Municipal-bond week in review: Yields climb again 2016-12-02T05:00:00Z Combining the two, all else being equal, required yields on municipal bonds and the cost of debt financing will have risen by about 40%. Numbers Don’t Add Up for Trump’s Trillion-Dollar Building Plan 2016-11-30T05:00:00Z Merrill Lynch $7 million for inadequate supervision of client brokerage accounts that used leverage to buy Puerto Rican municipal bonds and other securities. FINRA fines Merrill Lynch for failures in supervision of leveraged clients 2016-11-30T05:00:00Z Gary Schatsky, a financial adviser based in New York City, is sticking with short-term municipal bonds maturing in three years or less. The Muni Market Turns Toward Washington 2017-04-14T04:00:00Z Yields on the short-term two-year municipal bond also spiked again, landing at 1.187 percent. Muni Week in Review: Yields Just Keep Going Up 2016-11-18T05:00:00Z In its municipal bond fraud case against the City of Miami, White said the SEC’s insistence on admissions helped send the case to trial, and the jury later handed the SEC a victory. SEC chair Mary Jo White to step down as Obama leaves office, agency says 2016-11-14T05:00:00Z In its municipal bond fraud case against the City of Miami, White said the SEC's insistence on admissions helped send the case to trial, and the jury later handed the SEC a victory. SEC Chair White to time her exit from agency with Obama's 2016-11-14T05:00:00Z Historically low interest rates have made it very cheap for state and local governments to borrow directly on the municipal bond market, giving them less incentive to work with private funders. Donald Trump’s Infrastructure Plan Faces Speed Bumps 2016-11-11T05:00:00Z Combined income is adjusted gross income, plus non-taxable income like interest from municipal bonds, plus 50 percent of the Social Security benefit. How to Know When to Take Social Security 2016-10-26T04:00:00Z Should that happen, it would decrease the appeal of tax-exempt holdings such as municipal bonds. Muni Week in Review: Yields Just Keep Going Up 2016-11-18T05:00:00Z Among the more prudent risks, in his view, are dividend-paying stocks, municipal bonds and master limited partnerships, which are exchange-traded vehicles that typically invest in energy infrastructure like pipelines. Stocks Climb Under Heavy Clouds 2016-10-14T04:00:00Z A state official said the suspension did not affect Wells Fargo’s role in every municipal bond deal, but it would cut them out of a significant portion. California Suspends Ties With Wells Fargo 2016-09-28T04:00:00Z The problem reaches far beyond pensions, and into the $3.7 trillion municipal bond market. A Sour Surprise for Public Pensions: Two Sets of Books 2016-09-17T04:00:00Z Even the small increase in yields has put downward pressure on prices of municipal bonds, says James Kochan, chief fixed-income strategist at Wells Fargo Funds Management. Has the municipal-bond bull left the ring? 2016-10-15T04:00:00Z But, she added, the state was not looking to cut ties with the bank, which recently bought $385 million in municipal bonds. Scandal-ridden Wells Fargo is still Washington area’s largest bank, but for how long? 2016-10-07T04:00:00Z She plans to fund it with an infrastructure bank and by issuing Build America Bonds, which are a type of municipal bond. How to Invest in Infrastructure Spending 2016-10-06T04:00:00Z On Tuesday alone, he said, he had pulled Wells Fargo off two large municipal bond deals. California Suspends Ties With Wells Fargo 2016-09-28T04:00:00Z According to Bloomberg, which first reported Illinois’ intentions, Wells Fargo so far this year has underwritten about 6% of all municipal bond debt, making it the the nation’s fifth-largest underwriter of public debt. Illinois, following California, sanctions Wells Fargo over accounts scandal 2016-10-03T04:00:00Z On that public-funding front, the Brookings Institution think tank in Washington, D.C., last month published a groundbreaking study on federal subsidies within tax-exempt municipal bonds used to finance sports venues. Public bond funding for projects such as Sodo arena has hidden costs, study says 2016-10-01T04:00:00Z A group of Democratic and Republican senators introduced legislation this week that would allow banks to count municipal bond holdings as “high-quality liquid assets.” Municipal-bond week in review: Yields sag then finish strong 2016-09-30T04:00:00Z These include buying assets other than Treasury securities, like municipal bonds, or raising the Fed’s inflation target above 2 percent. Yellen Sees Stronger Case for Interest Rate Increase 2016-08-26T04:00:00Z Justice Department involving the criminal indictment of a town supervisor of Ramapo, New York, and one other individual over fraudulent disclosures in the sale of $150 million municipal bonds. SEC's Miami win likely to embolden muni crackdown: lawyers 2016-09-15T04:00:00Z Securities and Exchange Commission stemming from a municipal bond sale. Florida jury finds city of Miami liable in municipal bond case 2016-09-14T04:00:00Z This is true for high-yield corporate bonds as well as high-yield municipal bonds. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z Her dad, Matthew Picerno, 44, worked as a municipal bond broker at Cantor Fitzgerald, on the 104th floor of the north tower. Their young world crumbled. Now the children of 9/11 look back 2016-09-11T04:00:00Z Issuance of new municipal bonds in August was up 21 percent from the same month in 2015. Municipal-bond week in review: Yields climb 2016-09-09T04:00:00Z The funding is generated by tax-exempt municipal bonds, not tax dollars. Marshfield Clinic to borrow $1 billion 2016-08-31T04:00:00Z Failure to comply with continuing disclosure mandates is a "major challenge for investors seeking information about their municipal bond holdings," the SEC said. SEC charges 71 muni issuers for misleading investors 2016-08-24T04:00:00Z "I am a fan of callable bonds as an investment strategy, especially within municipal bonds," says Scott Stratton, president of Good Life Wealth Management in Dallas. What Investors Should Know About Callable Bonds 2016-08-22T04:00:00Z Investors attracted to individual municipal bonds also need to consider "call risk," Witt says. The Pros and Cons of Municipal Bonds 2016-08-15T04:00:00Z Many such projects contain a municipal bond portion rated in the triple-B range, the lowest-investment category, which also grew as rated by Moody's Investors Service, the data show. Junk-rated U.S. municipalities shine brighter with record low rates 2016-07-26T04:00:00Z For example, New York City municipal bonds are tax free not only on the federal and state level, but also on the city level if you live in the five boroughs, Taylor says. How to Invest in Municipal Bonds 2016-07-21T04:00:00Z Continuing disclosure provides municipal bond investors with important information, such as annual financial reports, on an ongoing basis. SEC charges 71 muni issuers for misleading investors 2016-08-24T04:00:00Z Many bond funds, especially those specializing in municipal bonds, include callable issues. What Investors Should Know About Callable Bonds 2016-08-22T04:00:00Z Yields are generally locked in at fixed rates, so – municipal bond chaos in Puerto Rico excluded – investors usually know what they're getting when they buy up bonds. It's a Rare Giddy Market for Both Stocks and Bonds 2016-07-14T04:00:00Z The "junk"-rated district paid a huge penalty for its last sale in the U.S. municipal bond market in February when investors demanded an 8.5 percent rate on most of the tax-exempt bonds. Chicago Public Schools prepare budget with eye on bond market return 2016-07-13T04:00:00Z Risks with municipal bonds include credit risk of the issuer and interest rate risk, because a bond's price goes down as interest rates rise, and vice versa. How to Invest in Municipal Bonds 2016-07-21T04:00:00Z The SEC said that issuers in the case sold municipal bonds using offering documents that contained materially false statements or omissions about their compliance with continuing disclosure obligations. SEC charges 71 muni issuers for misleading investors 2016-08-24T04:00:00Z My father invested exclusively in municipal bonds and did very well. Can We Ignore the Alarm Bells the Bond Market Is Ringing? 2016-07-11T04:00:00Z The officials together face dozens of charges, including accusations that some of them advised the city to issue new municipal bonds while making payments to their own companies from bond money. Beaumont, stunned by years of alleged corruption, has been 'turned upside down' 2016-07-08T04:00:00Z And speaking of not obsessing over acceptable risks, it’s even better to avoid Treasury securities in favor of low-cost mutual funds that invest in either corporate or municipal bonds. The Goldilocks Strategy for Long-Term Investment 2016-07-01T04:00:00Z In general, interest paid on municipal bonds is not taxed at the federal level, or by the state or city that issues them as long as the buyer also lives there. How to Invest in Municipal Bonds 2016-07-21T04:00:00Z Alito also stepped aside in a Puerto Rico debt-restructuring law case because of his investments in funds with assets in Puerto Rico municipal bonds. Supreme Court's Alito sells oil company shares, documents show 2016-06-22T04:00:00Z They may also be exempt from state and local taxes if you live in the state where the municipal bonds are issued. 7 High Return, Low Risk Investments for Retirees 2016-06-15T04:00:00Z Thomas G. Doe, president of Municipal Market Analytics in Concord, Massachusetts, says municipal bonds offer another alternative to Treasuries, especially for investors in higher tax brackets, who benefit most from tax-free interest earnings. How to Invest With a Flat Yield Curve 2016-06-03T04:00:00Z The consortium got access to low-cost borrowing through the New York Transportation Development Corporation, which two weeks ago issued $2.5 billion of mostly tax-exempt municipal bonds. New York airport's $4 billion renovation financing deal closes, begins lease 2016-06-01T04:00:00Z He thinks interest rate risk on longer term municipal bonds is minimal over the next one to two years. How to Invest in Municipal Bonds 2016-07-21T04:00:00Z While they don’t have traditional shareholders, they have long had bondholders through their borrowing in the $3.7 trillion municipal bond market, which is open to nonprofits in addition to local governments. Nonprofit Hospitals Adjust to Attract Investors 2016-05-18T04:00:00Z But when you add in the tax-free benefit, municipal bonds look even better. 7 High Return, Low Risk Investments for Retirees 2016-06-15T04:00:00Z Are you seeking a large-capitalization value fund, a small-cap growth fund, mid-cap growth and value fund, municipal bond fund, corporate bond fund, sector- or industry- specific funds, distressed asset funds? How to Pick and Choose the Best Mutual Funds 2016-05-17T04:00:00Z Puerto Rico managed to rack up more than $70 billion in outstanding debt, mostly due to its unsustainable issuance of municipal bonds and its nonexistent economic growth over the last several years. 5 Things to Know About the Economy This Week 2016-05-06T04:00:00Z But unlike Treasurys, income from municipal bonds is generally tax free. How to Invest in Municipal Bonds 2016-07-21T04:00:00Z Other investors want more disclosure of nonprofit hospitals’ increasing reliance on loans from private banks, the terms of which aren’t public but could trigger defaults for municipal bonds. Nonprofit Hospitals Adjust to Attract Investors 2016-05-18T04:00:00Z Much of the debt stems from the unsustainable issuance of municipal bonds – which investors bought up in bulk because of their so-called triple tax exemptions that bypass certain federal and local tax guidelines. Puerto Rico Whiffs on Multimillion-Dollar Bond Payment 2016-05-02T04:00:00Z Some prices in the U.S. municipal bond market reflect severe concern over the city's near-term prospects. Atlantic City, N.J., avoids default on bond payment 2016-05-02T04:00:00Z Supporters of a congressional rescue plan got a boost on Tuesday, when Pimco, which manages $40 billion of municipal bonds, supported the current House bill. Puerto Rico debt rescue plan engulfed in Great Recession ‘bailout’ politics 2016-04-30T04:00:00Z U.S. municipal bond funds extended their winning streak to 32 weeks, adding $1.3 billion for the biggest weekly gains since January 2013. Equity funds see more outflows as investors trim risk: BAML 2016-04-29T04:00:00Z Mr. Miller also pointed out that the municipal bond market “has actually strengthened” and “Puerto Rican bonds valuations specifically did not move down” after the draft legislation was released. Puerto Rico at the Brink 2016-04-22T04:00:00Z Before the financial crisis of 2008 and several high-profile defaults, municipal bond investors relied more on the rating of the bonds, something that an issuer could improve by buying insurance on them. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z "In doing so, they defrauded both the citizens of Ramapo and thousands of municipal bond investors around the country. " A suburban New York town supervisor and the former head of a local development corporation are charged with securities fraud in connection with the financing of a controversial stadium 2016-04-14T04:00:00Z He’s accused of inflating town assets to obtain the $25 million in municipal bonds used to build Provident Bank Park in 2012. Ramapo town supervisor arrested on federal charges 2016-04-14T04:00:00Z Puerto Rico has a total $72 billion of debt outstanding, most of it in the form of municipal bonds. Treasury Official Urges Quick Action on Puerto Rico Rescue 2016-04-13T04:00:00Z The board would also be kept in place until Puerto Rico regained its ability to sell debt in the municipal bond market. Puerto Rico Rescue Bill Nears Completion in House Committee 2016-04-08T04:00:00Z While these insurers still have a marketing problem from the financial crisis, Mr. Fallon said that their coverage continued to be needed by smaller municipalities or those that do not regularly sell municipal bonds. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z St. Lawrence is accused of inflating town assets to obtain the $25 million in municipal bonds used in 2012 to build Provident Bank Park, a stadium outside Pomona used as a sports and concert venue. A suburban New York town supervisor and the former head of a local development corporation are charged with securities fraud in connection with the financing of a controversial stadium 2016-04-14T04:00:00Z It’s the largest settlement ever for a case involving a municipal bond agency, and it raises major questions about Westlands’ credibility. California Editorial Roundup 2016-03-23T04:00:00Z Earlier in the day, the vice premier said the government should address the problem of local-government debt and ensure that a plan for them to swap high-cost debt for cheaper municipal bonds goes ahead. Supreme Court declines to hear case against McWane; Chinese officials say lending as share of GDP is ‘too high’ 2016-03-21T04:00:00Z It also became the largest underwriter of municipal bonds, the department where Mr. Gutfreund got his start. John Gutfreund, ‘King of Wall Street’ who helped transform Salomon Brothers, dies at 86 2016-03-09T05:00:00Z For people buying municipal bonds on the secondary market, the more general risk comes from the lack of transparency on what the dealers paid for a bond and what they are selling it for. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z The settlement was the largest ever in a case brought by the SEC against a municipal bond agency. Bond jitters spread after Westlands Water District investigation 2016-03-10T05:00:00Z WASHINGTON—Many investors flock to municipal bonds for security. But some federal regulators trying to shore up the banking system aren’t convinced the bonds would be easy to sell in a crisis. Washington Battles Over Munis: Safe or Hard to Sell? 2016-03-02T05:00:00Z Missing the payments due in spring would “provoke chaos in the Puerto Rican municipal bond market”, said Weiss. US Treasury pushes Congress to pass Puerto Rico bankruptcy plan 2016-02-25T05:00:00Z The $9 billion in debt is mostly in the form of municipal bonds issued by the Puerto Rico Electric Power Authority, or Prepa. Puerto Rico’s House of Representatives Passes Bill to Restructure $9 Billion in Debt 2016-02-16T05:00:00Z The Municipal Securities Rulemaking Board has started a website, called Electronic Municipal Market Access, to help investors track the buy and sell prices on municipal bonds. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z The impairment in value of Detroit’s bonds was so severe that it damped investors’ appetite for municipal bonds over all — not just Detroit’s but other cities’ too. A Warning on Bankruptcy in Puerto Rico’s Debt Crisis 2016-02-02T05:00:00Z Prepa is one of the largest single issuers of Puerto Rico’s $72 billion debt, most of it in the form of municipal bonds, which are widely held through mutual funds and investment firms. Puerto Rico Debt Negotiations Resume 2016-01-28T05:00:00Z Prepa is one of the largest single issuers of Puerto Rico’s $72 billion in debt, most of it in the form of municipal bonds, which are widely held through mutual funds and other investment firms. Failed Talks Raise Specter of Biggest Default in Puerto Rico Crisis 2016-01-23T05:00:00Z Prepa is one of the largest single issuers of Puerto Rico’s $72 billion debt, most of it in the form of municipal bonds. Talks to Restructure Puerto Rico Power Company’s Debt Collapse 2016-01-23T05:00:00Z Municipal bond issuers have been in the news in recent years for all the wrong reasons, starting with places like Jefferson County, Ala., and Stockton, Calif., defaulting on their municipal bonds. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z "Some of these closed-end funds deal in, yes, relatively high-quality municipal bonds." Bill Gross on CNBC says investors should stay with U.S. Treasuries 2016-01-19T05:00:00Z Those debts were in the form of municipal bonds issued by three governmental authorities on the island. Puerto Rico Governor Pleads for Congressional Action 2016-01-08T05:00:00Z The municipal bond market in the United States is desperately lacking enforcers. In Puerto Rico’s Debt Crisis, an Absence of Enforcers 2016-01-07T05:00:00Z The banking industry’s association, the Securities Industry and Financial Markets Association, issued a report in 2013 that raised red flags about using designated lender counsel in the context of municipal bond offerings. A Growing Conflict in Wall St. Buyouts 2016-01-04T05:00:00Z With longer-duration municipal bonds, the concern is that an increase in interest rates will erode the value of the investment. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z Gross also recommended investors should consider Build America Bonds, which are taxable municipal bonds that carry special tax credits and federal subsidies for either the bond issuer or the bondholder. Bill Gross on CNBC says investors should stay with U.S. Treasuries 2016-01-19T05:00:00Z Skipping a payment on the GO bonds could be a jolt to the municipal bond market as GOs are viewed as safe. Puerto Rico faces key test as January 1 deadline on debt payments looms 2015-12-30T05:00:00Z Meanwhile, tax-free municipal bonds became a haven for investors seeking income and relative safety. Tallying the winners and losers in a volatile year for markets 2015-12-29T05:00:00Z Securities and Exchange Commission charges that they paid millions of dollars to close friends of Jefferson County, Alabama commissioners in order to win $5 billion of municipal bond and swap business. Ex-JPMorgan bankers settle SEC municipal bribery charges 2015-12-02T05:00:00Z Bill Fallon, chief executive of National Public Finance Guarantee Corporation, a municipal bond insurer, said his firm was doing just that on general obligation bonds from Detroit. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z Some investors are backing away from the city’s debt, saying there are better deals on similarly rated municipal bonds elsewhere. Houston’s Conundrum: Closing Its Pension-Funding Gap 2015-11-16T05:00:00Z Other investment gift options include shares in an ETF, savings bonds, fixed income mutual funds, certificates of deposit, municipal bonds, corporate bonds or Treasury securities. 5 Great Gifts for Investors 2015-11-13T05:00:00Z People familiar with the matter said this week that the ECB is examining whether to buy municipal bonds of cities such as Paris or regions like Bavaria. Draghi Signals He’s Ready to Act, and Defends Banker Meetings 2015-11-12T05:00:00Z Germany's Bundesbank, which is opposed to any extra money printing, may find it easier to accept the buying of municipal bonds. Exclusive: ECB mulls buying debt of cities and regions - sources 2015-11-11T05:00:00Z The long time horizon shows the value of having someone watch the municipalities, which is something that bond managers do but is also a role played by municipal bond insurers for individual investors. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z McAuliffe said he would soon announce "a billion dollar capital infrastructure investment in roads" and said the municipal bond market was the "savior" of the state. Virginia plans $3.5 billion bond, to announce $1 billion in road investment 2015-11-10T05:00:00Z Assets held in Roth accounts and municipal bonds are the primary tax-free investments most people will hold. 3 Ways to Add Tax Diversification to Your Portfolio 2015-11-06T05:00:00Z The bill would also create a new requirement for hedge funds to disclose investments with a 1% or greater stake—in either stocks or corporate and municipal bonds—every quarter. Bill Introduced to Require Hedge Funds to Disclose Holdings More Frequently 2015-11-05T05:00:00Z The European Central Bank is examining whether to buy municipal bonds of cities such as Paris or regions like Bavaria, according to people with knowledge of a possible extension of its one-trillion-euro-plus money printing scheme. Exclusive: ECB mulls buying debt of cities and regions - sources 2015-11-11T05:00:00Z Still, selecting municipal bonds is not as simple as it was before the spate of defaults changed what was generally a stodgy asset class. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z Hedge funds that might not have bothered with public finance in the past found that they could scoop up distressed municipal bonds at a deep discount, as traditional investors in the bonds bailed out. Puerto Rico’s Debt Crisis and the 1975 Law Complicating Matters 2015-11-04T05:00:00Z Another tax-free investment you might hold is municipal bonds. 3 Ways to Add Tax Diversification to Your Portfolio 2015-11-06T05:00:00Z A supportive foundation leaves municipal bonds poised to benefit as rates increase, said David Hammer, executive vice president and municipal bond portfolio manager at Pacific Investment Management Co. Municipal Bonds Shine in Bleak Landscape 2015-11-05T05:00:00Z Here is what investors should consider before diving in to municipal bonds. What to Look for When Investing in Municipal Bonds 2015-11-05T05:00:00Z When the crisis came, the solvency of municipal bond insurers was tested, since they had also branched out into insuring the bonds created out of mortgages. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z Until just a few years ago, hedge funds showed little interest in municipal bonds, which were seen as stodgy and safe — something for widows and orphans, not sophisticated investors willing to take big risks. Puerto Rico’s Debt Crisis and the 1975 Law Complicating Matters 2015-11-04T05:00:00Z Those taxes make up about one-third of the payments on the authority’s almost $270 million of municipal bonds. While Arizona Cardinals Soar, Legal Battle Puts Stadium Investors in Red Zone 2015-10-24T04:00:00Z Still, Illinois is contemplating a return to the municipal bond market this fiscal year after an absence of nearly 1-1/2 years. Illinois bond rating cut again over budget impasse 2015-10-22T04:00:00Z For some swaps transactions, the banking agencies’ final rule would also allow the use of certain government securities and corporate and municipal bonds as collateral, in addition to cash. U.S. Banking Regulators Poised To Cut Banks’ Costs in Swaps Margin Rules 2015-10-22T04:00:00Z While about 55 percent of municipal bonds had insurance in 2008, that number is around 6 percent today. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z In addition, it would establish a quarterly reporting requirement for the purchasers of bonds — including municipal bonds — as well as stock, to bring their under-the-radar activities into the light. Puerto Rico’s Debt Crisis and the 1975 Law Complicating Matters 2015-11-04T05:00:00Z The governor's office has said the state intends to return to the U.S. municipal bond market this fiscal year. Illinois credit rating downgraded, budget fight cited 2015-10-19T04:00:00Z About half of TD's municipal bond desk in New York was also being laid off, the second source said. TD Bank lays off Canada, U.S. staff after review: sources 2015-10-17T04:00:00Z The cost of buying and selling municipal bonds, for instance, a popular investment for ordinary savers, is at least five times the cost of trading a stock, and usually much more than that. Solution Without a Problem? A Tax on High-Frequency Trading 2015-10-13T04:00:00Z And there’s Puerto Rico, which is struggling to make its bond payments — or decide which of its $72 billion in municipal bonds to default on. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z And this year through August, trading volume in Treasurys, mortgage securities and municipal bonds all declined from last year, according to data from the Securities Industry and Financial Markets Association, a Wall Street trade group. Gentlemen May Prefer Bonds, But More Traders Take Stocks 2015-10-08T04:00:00Z On the mainland, a bank underwriting a municipal bond issue would run afoul of the 1940 act if it packaged the bonds in mutual funds and sold them. Bill Proposed to Give Regulatory Protection to Puerto Rico Mutual Fund Investors 2015-09-25T04:00:00Z The school wanted to build a new dormitory at the time and needed municipal bonds to secure it. Catholic Church collects $1.6 billion in U.S. contracts, grants since 2012 2015-09-24T04:00:00Z They’re also in demand lately because most high-grade municipal bonds sport meager yields. Municipal Bonds for a Rising-Rate Era 2015-09-21T04:00:00Z Still, money has continued to flow into municipal bonds, a market dominated by individual investors. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z According to Morningstar, the average actively managed bond fund lost 8% that year, thanks to declines in corporate and municipal bonds, especially junk. The New Bond Market: Bigger, Riskier and More Fragile Than Ever 2015-09-21T04:00:00Z Puerto Rico’s proposal to restructure much of its $72 billion debt, including its general obligation bonds, is challenging decades of precedent and investor expectations of the municipal bond market. What Puerto Rico’s New Plan Means 2015-09-09T04:00:00Z They are seen as sacrosanct in the municipal bond market and viewed as having the best protection in a restructuring. Puerto Rico's recovery plan faces much doubt, many obstacles 2015-09-10T04:00:00Z Step-up municipal bonds are long-term bonds with initial coupons that rise over time, at set periods, as long as the bonds aren’t called, or redeemed, by an issuer. Municipal Bonds for a Rising-Rate Era 2015-09-21T04:00:00Z There have been 27 straight weeks of inflows into municipal bond funds, according to Dan Heckman, senior fixed income strategist with U.S. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z Puerto Rico's financial woes stem in part from the issuance of an unsustainable amount of municipal bond debt. Politicians Weigh in Ahead of Puerto Rican Restructuring 2015-09-08T04:00:00Z The claims related to investments in UBS-managed closed-end funds and other Puerto Rican municipal bonds, and the use of these investments as collateral for borrowing. UBS Unit to Pay More Than $2.9 Million to Investors in Puerto Rico 2015-09-01T04:00:00Z Puerto Rico faces a whopping $72 billion in outstanding debt, which was fueled over the last several years primarily through the unsustainable issuance of municipal bonds. Religious Leaders Call on Fed to Save Puerto Rico 2015-08-31T04:00:00Z But they didn’t devise the toxic municipal bond strategy, sell it or hide its risks to investors. S.E.C. Settlement With Citigroup Holds No One Responsible 2015-08-28T04:00:00Z “Shakier issuers would buy municipal bond insurance to get them a AAA rating,” Mr. Bussel said. Municipal Bond Defaults Shake Up a Once-Sedate Market 2016-04-22T04:00:00Z The Washington Post reports that the organization’s “teach in” will cover “income inequality, efforts to raise the minimum wage to $15 an hour and whether the Fed should invest in municipal bonds.” ‘Inflation Dynamics’ With the Fed as Ringmaster 2015-08-26T04:00:00Z The funds sought to exploit differences between yields on U.S. government debt and municipal bonds and used borrowed money to amplify those bets. Business roundup: U.S. homebuilder sentiment rose in August 2015-08-17T04:00:00Z The Citigroup hedge funds used large amounts of leverage, or borrowed money, to bolster returns from municipal bonds and other fixed income investments. Citigroup to Pay $180 Million Over Collapsed Hedge Funds 2015-08-17T04:00:00Z Falcon invested in municipal bonds, mortgage-backed securities, bank loans and other debt instruments, while ASTA/MAT emphasized municipal bonds. Citigroup to Pay $180 Million to Settle Hedge Fund Charges 2015-08-17T04:00:00Z Private creditors are unwilling to admit they made foolish investments, lured by the triple tax break on Puerto Rico’s municipal bonds. What the United States Owes Puerto Rico 2015-08-13T04:00:00Z Brokerage firm Edward Jones has agreed to pay $20 million to settle charges that it overcharged clients in new municipal bond sales, the Securities and Exchange Commission said Thursday. Edward Jones to Pay $20 Million to Settle SEC Municipal Bond Charges 2015-08-13T04:00:00Z Puerto Rico failed to meet a $58 million debt repayment deadline Monday, triggering one of the most significant municipal bond defaults in U.S. history. Puerto Rico Misses Debt Deadline, Slides Into Default 2015-08-04T04:00:00Z The municipal bond market was last tested by Detroit’s 2013 bankruptcy, the largest in US history. Puerto Rico defaults on debt repayment in first for a US commonwealth 2015-08-03T04:00:00Z Savers looking for additional yield might opt for a short-term municipal bond fund or perhaps a short-duration high yield fund. Make Your Short-Term Bond Investment Work Smarter 2015-07-28T04:00:00Z Puerto Rico's municipal bonds are afforded what's called triple tax exemption, essentially making them immune to income taxes. Floundering Puerto Rico Unable to Pay 2015-07-27T04:00:00Z The SEC said the case was its first against an underwriter in connection with alleged pricing-related fraud in the primary market for municipal bonds. Edward Jones to Pay $20 Million to Settle SEC Municipal Bond Charges 2015-08-13T04:00:00Z Puerto Rico took on massive debt in recent years by issuing an unsustainable amount of municipal bonds. Puerto Rico Misses Debt Deadline, Slides Into Default 2015-08-04T04:00:00Z The face value of the territory’s outstanding municipal bonds is about $72 billion. Puerto Rico Should Collect Unpaid Taxes, Hedge Fund-Backed Economists Say 2015-07-26T04:00:00Z “We expect to see a small increase from the past in terms of bankruptcy or restructuring, but we have to put this in perspective,” said Christopher W. Alwine, head of Vanguard’s municipal bond group. Municipal Bonds Still Considered Safe, Despite Some Ailing Governments 2015-07-24T04:00:00Z Charter schools, held in a number of municipal bond funds, are public schools that operate independently and are an alternative to schools run by local school districts. U.S. charter school default rate up, but sector sound: report 2015-07-21T04:00:00Z He said the firm has cooperated fully with the SEC investigation and has taken steps to enhance its municipal bond business. Edward Jones to Pay $20 Million to Settle SEC Municipal Bond Charges 2015-08-13T04:00:00Z The program allows provinces and cities to replace high-interest loans with lower-cost municipal bonds with longer-term maturities. China must learn lessons from stock market rout: vice finance minister 2015-07-18T04:00:00Z And totally random considering AARP's previous tweet was "4 reasons not to over-invest in municipal bonds." Things have gotten so bad for Tiger Woods even the AARP is taking shots at him now: The Loop 2013-10-16T04:00:00Z Puerto Rican debt, for example, shows up in about 52 percent of municipal bond mutual funds, according to Morningstar. Municipal Bonds Still Considered Safe, Despite Some Ailing Governments 2015-07-24T04:00:00Z Here's how to size up potential opportunities in both municipal bonds and equities, based on the reasonable assumption that water is an ever-more-valuable commodity. Is Water a Rising Tide for Investors? 2015-07-16T04:00:00Z For example, with high-yield municipal bonds, it may not be readily apparent why a particular issue is rated lower than investment grade. When Active Fund Management Makes Sense for Investors 2015-07-13T04:00:00Z With both yields and pickings slim, Mr. Rieder recommends bonds issued in some of the less indebted emerging economies, such as India and Mexico, and intermediate-term municipal bonds. Slow-Motion Events in Greece and Washington Sway Markets 2015-07-10T04:00:00Z Other Puerto Rico consultants including restructuring adviser Millstein & Co. and municipal bond adviser PFM Group, as well as government officials may also speak Monday. Citigroup to Host Monday Meeting with Puerto Rico Bondholders 2015-07-08T04:00:00Z The ability to raise taxes has played a large part in keeping overall municipal bond default rates so low — and has contributed to the perception that muni bonds are generally solid investments. Municipal Bonds Still Considered Safe, Despite Some Ailing Governments 2015-07-24T04:00:00Z At the other end of the spectrum, small municipal bond issues from obscure cities, emerging market debt, or small corporate debt may be highly illiquid and carry huge transaction fees. Bonds: More Interesting Than They Seem 2015-07-07T04:00:00Z Investors responded by seeking safe-haven investments such as Treasuries, gold and municipal bonds. Investors Seek Shelter As Greek Referendum Nears 2015-07-02T04:00:00Z Market yields also rose on corporate and municipal bonds in the half. Despite head winds, U.S. stocks eke out small gains in first half 2015-06-01T04:00:00Z If you’re an investor in municipal bond funds, Puerto Rico’s debt might be your problem, too. Everything to Know About Puerto Rico's Economic Crisis 2015-06-29T04:00:00Z Investors are often drawn to municipal bonds, which help pay for public projects, because of their favorable tax treatment: Individuals generally don’t pay federal income tax on the interest they receive. Municipal Bonds Still Considered Safe, Despite Some Ailing Governments 2015-07-24T04:00:00Z His proposed restructuring of the island’s debts today sets the stage for an unprecedented test of the U.S. municipal bond market. Your Monday Briefing 2015-06-29T04:00:00Z It also raises questions about the once-staid municipal bond market, which states and cities count on to pay upfront costs for public improvements such as roads, parks and hospitals. Puerto Rico says it cannot pay its debt, setting off potential crisis in the U.S. 2015-06-28T04:00:00Z Those debt conversions attracted many yield-hungry investors, but still left Chicago with hefty interest costs compared to higher rated issuers in the U.S. municipal bond market. Chicago City Council approves mayor's $1.1 billion bond plan 2015-06-17T04:00:00Z "This is out of the ordinary," said Mike Taylor, senior municipal bond analyst at Columbia Threadneedle Investments. Arkansas plans to sell muni bonds to build Lockheed Martin plant 2015-05-28T04:00:00Z Since individuals hold most of the $3.7 trillion invested in municipal bonds — or about 70 percent, either directly or through mutual funds — it raises the question: Should investors be worried? Municipal Bonds Still Considered Safe, Despite Some Ailing Governments 2015-07-24T04:00:00Z “These deals are being done as a budget gimmick,” said Matt Fabian, a managing director at Municipal Market Advisors, who keeps a database of municipal bond defaults and other mishaps. Borrowing to Replenish Depleted Pensions 2015-05-27T04:00:00Z He also worked 18 years on Wall Street in public finance and municipal bond research. Western Connecticut State University names new president 2015-05-22T04:00:00Z But fund flow data in the municipal bond market belies that view. Nobel Prize Winning Investing Advice: Do Less, Not More 2015-04-30T04:00:00Z However, the plan under discussion falls short of including all investment-grade municipal bonds, the Journal said. Fed may allow banks to use muni bonds to meet liquidity rules: WSJ 2015-04-17T04:00:00Z After all, municipal bonds have traditionally been viewed as safe investments. Municipal Bonds Still Considered Safe, Despite Some Ailing Governments 2015-07-24T04:00:00Z The authorities say he told the clients that he was taking money from their accounts to invest mainly in low-risk municipal bonds. Former JPMorgan Case Broker Charged in $20 Million Fraud 2015-04-16T04:00:00Z If you are a high-income taxpayer, you benefit from the deductions for charitable giving, the exclusion of municipal bond income, and the preferential tax treatment of capital gains and dividends. Busting Five Tax Day Myths 2015-04-14T04:00:00Z Much of it is owned by middle-class Americans who bought the island’s municipal bonds indirectly, as part of their retirement accounts, so any default would reverberate far past Puerto Rico’s shores. Treasury Officials Increase Involvement With Finances of Puerto Rico 2015-04-13T04:00:00Z For example, tax-sensitive investors like owning municipal bonds because the interest generated is not subject to federal income tax. 3 Questions To Ask Before Choosing Target-Date Funds 2015-04-07T04:00:00Z Many mutual funds offer far more diversification: In Vanguard’s national municipal bond funds, for instance, most issuers account for less than 1 percent of a fund’s overall holdings. Municipal Bonds Still Considered Safe, Despite Some Ailing Governments 2015-07-24T04:00:00Z In the municipal bond markets in years past, the case could be made for passive, “buy and hold” portfolio strategies where investors built a “ladder” of various maturities and pretty much forgot about them. Muni Bonds: Changing Landscape Calls For Active Management 2015-04-01T04:00:00Z The rationale proposed by these under funded entities is to sell taxable municipal bonds, then inject the proceeds into their respective funds. A Pension For Trouble 2015-03-26T04:00:00Z As income tax rates have risen, so has the value of the tax exemption that accompanies municipal bonds. Harness The (Growing) Power Of Tax-Exempt Income 2015-03-26T04:00:00Z Most investors back into buying their municipal bonds. 3 Tax-Free Munis To Replace Your Dividend Stocks 2015-03-25T04:00:00Z More than 60% of municipal bonds are owned by individuals, often through mutual funds. Taxes From A To Z (2015): M Is For Municipal Bonds 2015-03-24T04:00:00Z The municipal bond market is a highly inefficient one, where an active portfolio management approach is both a necessity and an opportunity. Muni Bonds: Changing Landscape Calls For Active Management 2015-04-01T04:00:00Z Understand, also, that not all municipal bonds are alike. The Motley Fool: Every Sunday, useful tips on investing 2015-03-08T05:00:00Z But after a lot of initial enthusiasm, the municipal bond markets are lukewarm because government payments on similar bonds issued during the recession had been cut because of a government sequester. High Hopes For Highway Funding: A Bridge To Nowhere 2015-03-04T05:00:00Z Leading up to the financial crisis, for example, he held a tax-efficient portfolio packed with municipal bonds that coasted through the meltdown unscathed. Munificent Returns 2015-02-11T05:00:00Z New issues of its debt are being purchased by hedge funds rather than by traditional municipal bond investors. Bond Markets Are Watching: Will Puerto Rico Enact Sweeping Tax Reform? 2015-02-09T05:00:00Z “For those holding individual municipal bond positions on a direct basis, it can be difficult to capitalize on the opportunities in the same way that an actively managed strategy with deep credit research can.” Muni Bonds: Changing Landscape Calls For Active Management 2015-04-01T04:00:00Z Q: How do municipal bonds work, and are they good investments? The Motley Fool: Every Sunday, useful tips on investing 2015-03-08T05:00:00Z Tax-exempt interest income, such as interest earned on municipal bonds or U.S. savings bonds, must also be included in the calculation that determines whether your Social Security benefit will be taxable. How to Reduce Taxes on Your Social Security Payments 2015-02-09T05:00:00Z Many states also offer an income-tax break on municipal bonds purchased by state residents. Your Guide to Tax-Efficient Investing 2015-02-09T05:00:00Z During the legal process of putting together a municipal bond offering, the most important document is the Official Statement. Regulators Way Too Easy On Muni Bond Fraudsters 2015-02-05T05:00:00Z Compared with more efficient markets where most of the information is “priced in,” munis can offer a real competitive edge to full time municipal bond managers who do their research and have deep industry experience. Muni Bonds: Changing Landscape Calls For Active Management 2015-04-01T04:00:00Z Capital gains on municipal bonds are taxable, too. The Motley Fool: Every Sunday, useful tips on investing 2015-03-08T05:00:00Z Interest rates are unusually low, which means the price of bonds – corporate bonds, Treasury bonds and municipal bonds – are at the high end of their historic range. The 5 Fundamentals of Retirement Finances 2015-02-03T05:00:00Z Investors learned at least one lesson from the Detroit bankruptcy: there are limits to the “unlimited” tax revenues that support general obligation municipal bonds. What Investors Can Learn From Detroit's Bankruptcy 2015-02-02T05:00:00Z So why are municipal bond regulators lax in initiating punitive actions against municipalities for diverting funds and cooking the books? Regulators Way Too Easy On Muni Bond Fraudsters 2015-02-05T05:00:00Z But it does show a lack of abiding by the municipal bond rules and regulations. Ratings Agency Finally Gives Some Bond Investors Respect 2015-01-27T05:00:00Z As a result, international investors might look elsewhere for better performance—gold, for instance, or the U.S. municipal bond market, which was valued at $3.6 trillion by year’s end. Understand Markets In 2015 With These 15 Charts 2015-01-15T05:00:00Z According to the report: “In 2014, corporate and municipal bond issuers joined the “green party”, while development banks continued to be the backbone of green bond issuance.” $36.6B In Green Bonds Issued Last Year 2015-01-15T05:00:00Z Finally, a municipal bond fund will never buy a taxable bond, even though it may be in the best interest of a particular investor. 5 Bond Myths Investors Should Know 2015-01-05T05:00:00Z His punishment was merely to pay a fine that appears to be a fraction of what he stole and be barred from ever participating in a municipal bond offering again. Regulators Way Too Easy On Muni Bond Fraudsters 2015-02-05T05:00:00Z Advisers worked on 70 percent of municipal bond deals in 2008, up from half in 2002, according to findings cited in the Federal Register. Experts: Planned municipal advisers test may not protect CPS, others 2015-01-02T05:00:00Z In a December 2010 episode of "60 Minutes," she predicted hundreds of billions of dollars of municipal bond defaults. Don't Rely On These 'Professional' Investors 2014-12-30T05:00:00Z For example, there was a late in the year flurry of green municipal bonds, issued everywhere from 11 U.S. states to Ontario. $36.6B In Green Bonds Issued Last Year 2015-01-15T05:00:00Z In exchange for the tax benefit, the yield is lower than municipal bonds without the double tax-exempt status. 5 Bond Myths Investors Should Know 2015-01-05T05:00:00Z It is a particularly delicate question as the government seeks to continue to borrow in the municipal bond market to keep financing its operations. F.B.I. Searches Doral Financial's Offices in Puerto Rico 2014-12-23T05:00:00Z How do high yield municipal bonds compare to corporate high yield? What to Do When Everything Looks Expensive 2014-12-18T05:00:00Z Oh sure, the municipal bond fund managers say these issues are money good. Investors, Just Say No To Illinois, NJ And PR Muni Bonds 2014-12-11T05:00:00Z The city is one of a handful of municipal bankruptcies, including Detroit, Michigan and Stockton, California, being closely watched by the $3.7 trillion U.S. municipal bond market. Firefighters lose bid to sue bankrupt San Bernardino in state court 2014-12-03T05:00:00Z A resident of Missouri may want to limit exposure to California municipal bonds because better risk-adjusted returns from other issuers are available. 5 Bond Myths Investors Should Know 2015-01-05T05:00:00Z So how does one apply the Don’t-Lose-Money principle to municipal bonds? Borrowing A Bond Ruler From Warren Buffett 2014-12-02T05:00:00Z Longtime Wall Street strategist Richard Bernstein hasn't quite gotten used to investors' reactions when he tells them his favorite asset class for 2015 is the same as in 2014 - high- yield municipal bonds. Strategist Bernstein sees more equity gains, likes high-yield munis 2014-11-24T05:00:00Z Investors own municipal bonds to preserve their wealth, not to earn an above market return. Investors, Just Say No To Illinois, NJ And PR Muni Bonds 2014-12-11T05:00:00Z One potential exception is that in the municipal bond market, buyers often pay a premium for the most familiar issuers, meaning that higher yields may be available from smaller issuers. FidelityVoice: How And Why To Build A Bond Ladder 2014-11-24T05:00:00Z Barry spent a few years working as a municipal bond consultant, but he couldn't stay away from politics. Marion Barry, Former D.C. Mayor, Dies at 78 2014-11-23T05:00:00Z After retreating from mayoral politics in the late 1990s, Barry worked as a municipal bond consultant. Former DC Mayor Marion Barry dies at 78 2014-11-23T05:00:00Z Champ reported holdings in about 50 individual company stocks, as well as a variety of corporate and municipal bonds and mutual funds. SEC director with big stock holdings stirs debate 2014-11-21T05:00:00Z Mr. Lebenthal was repeatedly the industry’s point man in its media campaigns to preserve the tax-free status of municipal bonds. James A. Lebenthal, Muni Bond Expert, Dies at 86 2014-11-14T05:00:00Z In addition, you may be subject to tax on amounts recognized in connection with the sale of municipal bonds, including capital gains and “market discount” taxed at ordinary income rates. FidelityVoice: How And Why To Build A Bond Ladder 2014-11-24T05:00:00Z Lebenthal became a force in the New York municipal bond market in the late 1970s, selling to retail investors for decades via radio and TV commercials. Muni bond champion James Lebenthal dies: family 2014-11-14T05:00:00Z From 2000 through 2004, issuance of this type of municipal bond grew nearly fivefold, according to data compiled by Federal Reserve economists. Risky bonds prove costly for Chicago Public Schools 2014-11-07T05:00:00Z A friend of mine, a trustee of family portfolio that mostly benefits his cousins, recently sent several million dollars to a municipal bond manager. Twelve Yield Illusions 2014-11-05T05:00:00Z |
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