Weak Get Weaker As Muni Bonds Fall

Investors are increasingly differentiating between U.S. state and local governments with strong finances and those facing big fiscal woes. The growing interest-rate spreads bring echoes of the European debt crisis.

Topics:  u.s    european   
BING NEWS:
  • Stronger Start For Bonds After Cooler Jobs Report
    On most months in modern economic memory, a gain of 175k payrolls would be welcome news for the labor market.  Depending on the context, it still is.  But in today's case, it's much lower than the ...
    05/3/2024 - 10:18 am | View Link
  • Oklahoma adds Barclays to list of banned muni underwriters
    Oklahoma's list of investment banks determined to be "boycotting" the fossil fuel industry expanded with the addition of Barclays, making it ineligible for state and local government contracts, State ...
    05/3/2024 - 9:04 am | View Link
  • How Tax-Free Municipal Bonds Could Fit Into Your Portfolio
    Tax-free municipal bonds are not just a source of investment but also a significant contributor to public projects such as roads, schools and hospitals. These debt instruments are issued by local or ...
    05/3/2024 - 1:00 am | View Link
  • Muni Bond Sales Soar as Issuer Needs Exceed Worry on Fed
    States and municipalities sold $142.8 billion in long-term municipal bonds during the first four months of 2024, the most in almost a decade, as the need to borrow outweighed concerns over higher ...
    05/1/2024 - 5:37 am | View Link
  • Why This Top-Rated Muni-Bond Fund Is Betting Big on Puerto Rico
    The Goldman Sachs Dynamic Municipal Bond fund has a knack for seizing opportunity in market dislocations, such as when Puerto Rico was emerging from bankruptcy in 2022 ...
    04/30/2024 - 7:30 pm | View Link
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