The rocky road that is the Puerto Rico
municipal bond market continues.
Not exact matches
Our emphasis on quality and balance should
continue to set us up for success in an increasingly volatile
municipal bond market going forward.
Even in a world where short - term interest rates will
continue to rise as the Federal Reserve raises policy interest rates (most likely 2 — 3 times next year) and where long - term rates should rise slowly as the Fed lets its balance sheet shrink, tax - free yields should either stay the same or move down as the
municipal bond world confronts a
market with much less issuance.
We
continue our tax - time chart series with a look at how
municipal bonds help manage against equity
market...
The uncertainty of the future of Puerto Rico
municipal bonds continues to weigh on the
municipal bond market.
While Detroit and Puerto Rico's financial struggles
continue to rattle the
municipal bond market, the over $ 87billion state issued tobacco settlement
bond market is another potential dark cloud worthy of watching.
The US
Municipal bond market has bounced off its recent bottom even as two anchors
continue to weigh it down: Puerto Rico and tobacco settlement
bonds.
Especially when corporate
bond markets are a mess,
municipal bonds are suffering under the weight of Puerto Rico's problem, Europe's
continued woes, instability in the Middle East, a stalled out stock
market and oil prices drop due to oversupply.
The Best of the AAII Journal The Muni
Market Turmoil Continues: What's Going on and How to Respond There have been a number of very bad years in the municipal bond m
Market Turmoil
Continues: What's Going on and How to Respond There have been a number of very bad years in the
municipal bond marketmarket.
As the Puerto Rico saga
continues it has created a drag on the high yield
municipal bond market.
While the Puerto Rico
municipal bond market saga
continues the damage it has done has been significant.
A detailed Wall Street Journal article today
Markets in 2016: The Year of the Pig clearly shows that many asset classes are
continuing to show volatility and negative returns however
municipal bonds have been resilient.
We also believe that the Company's
continued insurance activity in the first two months of 2008 validates the fundamental benefits that
bond insurance provides to the
municipal market despite the turbulence throughout the credit
markets, the rating agencies» recent rating actions and the publicity around these issues and around monoline financial guarantors in general.
However, despite the risks to the
municipal bond market, I believe that the
market will
continue to rebound and deliver another year of solid performance.