Muni bond news.

Oct 28, 2022 · (Bloomberg) -- The results of the Nov. 8 midterm elections will make waves in the $4 trillion municipal bond market, one of the most politically exposed asset classes.Most Read from BloombergSeoul Stampede Leaves Over 150 Dead at Halloween FestivitiesGoldman Sachs Now Sees Fed Rates Peaking at 5% in MarchPutin Stirs European Worry on Home Appliance Imports Stripped for ArmsTesla Engineers ...

Muni bond news. Things To Know About Muni bond news.

March 09, 2023, 4:41 p.m. EST 8 Min Read. Municipals were firmer on the front end of the curve as more billion-dollar deals priced, while Treasuries rallied hard inside 10 years and equities sold ...Feb 19, 2023 · MAV's latest discount is pushing near 11%, providing a great sale price for municipal bond exposure. Most interest rate hikes should be behind us, so muni bonds should stabilize from here; in fact ... A bond ladder is an investment strategy whereby an investor staggers the maturity of the bonds in his/her portfolio so that the bond proceeds mature and… A bond ladder is an investment strategy whereby an investor staggers the maturity of t...Muni Bonds 30 Year Yield. 3.75%. -2. -88. +23.00. 12/1/2023. Get updated data about US Treasuries. Find information on government bonds yields, muni bonds and interest rates in the USA.Bonds can be an important part of having a diverse investment portfolio. They provide a modest return with little risk. Treasury bonds are backed by the United States government, which can make them a less risky investment compared to stock...

While Judge Swain advanced the latest debt plan, it faces opposition, litigation, and potential appeals. Compare 30-Year taxable U.S. Treasury yield 4.62% to 30-Year tax-exempt Municipal Bond yield “AAA” 4.13%; “AA” 4.35%; %; “A” 4.79%. For investors in the 35% tax bracket, a 4.2% tax- exempt yield is equivalent to a 6.46% …For full year 2018 the Bloomberg Municipal Bond Index returned 1.28%, which is closer to a 1.80% taxable return when adjusted for an assumed 30% effective tax rate—so we have seen munis recover from worse selloffs. For potentially more resilient performance in the face of rising Treasury rates, we believe investors should consider high-yield ...Mar 7, 2023 · In fact, in many cases, we have actually seen a peak in terms of muni bond credit quality, and many municipalities are actually stronger today than they were prior to COVID-19. Hopefully, state ...

A Utah city’s plan to issue about $15 million in bonds to fund a new parking structure has officials fixated on the fast-approaching deadline to raise the U.S. debt ceiling. The fear: A default ...

١٦‏/١٠‏/٢٠٢٣ ... Muni bond ETFs gathered $6.3 billion in the first nine months of 2023 ... For more news, information, and analysis, visit VettaFi | ETF Trends.Municipal bond investors have taken it on the chin this year: Muni bonds were down 12.13% through Sept. 30, New York Life reports. Taken in stride, though, that seems consistent with investors ...Muni Bond Performance Since 12/22 - State and Local Bonds (Yahoo Finance) What I am trying to convey here is that there are market environments where munis will perform relatively poorly.Muni bonds are seeing competing crosscurrents. New bond issuances are down notably this year, but there haven’t been a lot of inflows into muni bond funds. At the same time, certain sections of ...

Oct 19, 2023 · The municipal bonds that state and local governments sell to pay for unsexy-sounding infrastructure projects are offering their highest yields in more than a decade. New bond investors snapped up ...

UBS Group AG is halting most of its municipal bond underwriting business, just a few years after it hired dozens of bankers in an attempt to rebuild its state and local government debt department.

Nashville-based investment manager is raising the technology bar in a historically sleepy market. Markets Media met with AllianceBernstein municipal bond team members at their office in Nashville on June 21, while the 2023 Fixed Income Leaders Summit was taking place nearby. The following discussion with Jim Switzer, head of …A bond ladder is an investment strategy whereby an investor staggers the maturity of the bonds in his/her portfolio so that the bond proceeds mature and… A bond ladder is an investment strategy whereby an investor staggers the maturity of t...What makes muni bonds attractive, though, is that they are tax-free. For an investor in the 37% top marginal tax bracket, a 2.92% average yield to maturity on MUB is a tax-equivalent yield of 4.63%.Sep 21, 2023 · The lack of interest from mom-and-pop buyers has been a challenge to boosting performance in the $4 trillion municipal-bond market, where investment-grade debt has returned a measly 1%, according ... Debt sales from California-based municipal-bond issuers are down about 35% to approximately $37 billion year-over-year in 2022, over two times more than the broader US muni market’s 15% decline ...Municipal bonds, or “munis” for short, are essentially loans that you give to your local government (like your city or town) to help it pay for public projects such as roads, bridges, and buildings. In return for the use of your money, your local government promises to pay you interest regularly and give back your principal after a ...(d) Muni bond issuers must still pay a premium over U.S. Treasury bond rates for debt maturing in 10 years or longer. That means their interest costs will likely exceed inflation over the longer term.

Share Class Type Institutional. Category Muni National Interm. Credit Quality / Interest Rate Sensitivity Medium / Moderate. Min. Initial Investment 10,000. Status Open. TTM Yield 3.28%. Effective ...Take the 5.4% yield on the Nuveen AMT-Free Municipal Credit Income Fund (NVG), a closed-end fund (CEF) that’s one of the best ways for you to crack the muni market. Thanks to its tax-free nature ...Municipal-bond yields at the highest in more than a decade are spurring optimism on the part of investment managers, who have been dealing with persistent fund outflows this year as the market...Honorable Mentions: (1) Federated Premier Municipal Income Fund ( FMN), discount -13.95%, yield 4.00%. It appears they may have overcut a bit as coverage is now over 111%. UNII is back to zero and ...Rob Amodeo, Western Asset Management's head of municipals, discusses using surveillance technology for insights into the municipal bond market on "Bloomberg Markets: The Close." (Source: Bloomberg)

According to the AP Municipal Bond index, the 10-year muni yield was 2.810 percent as of 5 p.m. Eastern time Friday. Just a month earlier, it was 2.051 percent.Munis offer attractive yields into year end. Municipals posted their third consecutive month of negative total returns amid rising interest rates. A seasonal swell in issuance was well absorbed as investors coveted high, absolute yields. It is likely prudent to begin positioning ahead of anticipated strength in December and January.

Seven things to know about tax-free municipal bonds. Muni bonds can be taxable and tax-exempt. There are two types of muni bonds. Muni bond yields are higher than U.S. Treasurys. Muni bonds have ...Municipal-bond yields at the highest in more than a decade are spurring optimism on the part of investment managers, who have been dealing with persistent …According to the AP Municipal Bond index, the 10-year muni yield was 2.810 percent as of 5 p.m. Eastern time Friday. Just a month earlier, it was 2.051 percent.Co-Head of Municipal Fixed Income. “For 2022, the market’s bias that rates will trend higher may present an opportunity for investors to deploy cash at more attractive tax exempt yields. While municipal credit did very well last year, the fundamentals remain very strong and supportive of valuations – though selectivity will be important.”.A Utah city’s plan to issue about $15 million in bonds to fund a new parking structure has officials fixated on the fast-approaching deadline to raise the U.S. debt ceiling. The fear: A default ...May 13, 2022. Eric Kazatsky, Senior US Municipals Strategist with Bloomberg Intelligence, discusses the latest news from the municipal bond market. Hosted by Paul Sweeney and Matt Miller.Municipal bond mutual fund inflows returned as Refinitiv Lipper reported investors added $672.288 million for the week ending Wednesday following $256.532 million of outflows the week prior.Municipal Bond Fund ; Investment Objective, Current income ; CUSIP, 27827X101 ; Management Fees, 1.02 ; Other Expenses, 0.07 ; Total Expenses (ex Interest and Fee ...Mar 27, 2022 · Investors checking the value of their municipal-bond portfolios are getting bad news. ... municipal-bond prices have grown increasingly volatile, and the Bloomberg Municipal Bond Index has been ... 3. Tax-Related Factors. Higher taxes are another major factor in the growing demand for municipal bonds, whose interest payments are exempt from federal, state and local taxes. President Joe Biden ...

The authority remarketed three series of bonds, originally issued in 2007 and 2013. The bonds will now mature in 2027, 2033, and 2034, with interest rates ranging from 4.15% to 4.2%. The securities received a rating of A3 from Moody’s. By Munichain News Desk. November 24, 2023.

With higher yields, cheaper valuations, and wider credit spreads, muni bonds offer a particularly attractive opportunity today for those seeking a tax-efficient way to invest late-cycle.

jessica-lerner-bb8018224. May 17, 2023, 3:53 p.m. EDT 6 Min Read. Short-term munis sold off Wednesday, as triple-A benchmarks rose in sympathy with U.S. Treasuries. Equities rallied. Muni yields ...Municipal bond funds may be having their moment in the sun after a rough start to the year for fixed income. According to Strategas Research, the iShares National Muni Bond ETF (MUB) saw the ...For high-income taxable investors, we are expecting a municipal bond renaissance.”. According to the report, muni bonds only offered yields of around 1% at the start of 2022, compared to yields ...The deal, which is rated AA by S&P, and triple-A by both Fitch and Kroll Bond Rating Agency, consists of $510.2 million of Series A-1 bonds structured as serials from 2025-2030, 2032-2033, 2035 ...Feb 10, 2023 · The average intermediate-term national muni-bond fund offered an SEC yield of 3% as of Jan. 31. For investors who are married filing and jointly for 2022 taxes and who fall into the 24% tax ... Feb 19, 2023 · MAV's latest discount is pushing near 11%, providing a great sale price for municipal bond exposure. Most interest rate hikes should be behind us, so muni bonds should stabilize from here; in fact ... Oct 28, 2022 · (Bloomberg) -- The results of the Nov. 8 midterm elections will make waves in the $4 trillion municipal bond market, one of the most politically exposed asset classes.Most Read from BloombergSeoul Stampede Leaves Over 150 Dead at Halloween FestivitiesGoldman Sachs Now Sees Fed Rates Peaking at 5% in MarchPutin Stirs European Worry on Home Appliance Imports Stripped for ArmsTesla Engineers ... BlackRock Says Muni-Bond Pain Sets Up Long-Term Gains. Municipal-Treasury ratio is up significantly from 2021 average; Recent decline has restored value to …Oct 9, 2023 · Ten-year AAA muni yields also rose during September by 38 basis points, after rising 40 basis points in the first two months of the quarter – not so much from bond fund liquidations (which have ... Oct 4, 2023 · The 10-year U.S. treasury edged past 4.5% several times lately. Agreed, muni bonds are costly now. Municipal-Treasury 10-year ratio is hovering around 62%, much lower than the historical standard ... Municipal bonds (munis) are debt obligations issued by government entities. When you buy a municipal bond, you are loaning money to the issuer in exchange for a ...

Honorable Mentions: (1) Federated Premier Municipal Income Fund ( FMN), discount -13.95%, yield 4.00%. It appears they may have overcut a bit as coverage is now over 111%. UNII is back to zero and ...Real-time data on all CUSIPs, the latest muni bond news, the ins and outs of bond investing and track your municipal bond portfolio at the Premier site for Municpal bond investors. close × Welcome to MunicipalBonds.com.Municipal bond investors have taken it on the chin this year: Muni bonds were down 12.13% through Sept. 30, New York Life reports. Taken in stride, though, that seems consistent with investors ...Nov 29, 2023 · The authority remarketed three series of bonds, originally issued in 2007 and 2013. The bonds will now mature in 2027, 2033, and 2034, with interest rates ranging from 4.15% to 4.2%. The securities received a rating of A3 from Moody’s. By Munichain News Desk. November 24, 2023. Instagram:https://instagram. best program to trade stocksfidelity utility fundafter hours stock screenerwhere to buy palantir stock Jun 2, 2022 · Summary. U.S. municipal bond market investors have seen a challenging first half of the year. The municipal market will continue to be pressured by the Federal Reserve’s (Fed’s) monetary policy. municipal bond Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. municipal bond Blogs, Comments and Archive News on Economictimes.com. ... Lucknow and Ghaziabad have already raised funds through sale of muni bonds. 10 Apr, 2021, 06:54 AM IST. south africa etfadvanced investing That makes some municipal bond investors nervous. But recent history suggests Fed rate hikes may not be such bad news for muni portfolios. Increases in the benchmark federal funds rate tend to push bond yields up, with the biggest increases typically in shorter-maturity securities. That can result in falling prices and lower returns. foolocker A closer look at the muni-bond market. We remain optimistic about muni bonds going into 2024 and believe that there are opportunities to find value across the credit spectrum. Technicals have the potential to be constructive for the sector going forward. Uncertainty around the Fed’s policy rate path and the US economy’s resilience kept ...Municipal bonds have been a classic asset class for investors looking to pursue tax-advantaged income. With tax-equivalent yields that are now higher than taxable fixed income, rising muni bond yields may create opportunity for investors. We examine the case for munis now and the role they can play in portfolios.jessica-lerner-bb8018224. May 17, 2023, 3:53 p.m. EDT 6 Min Read. Short-term munis sold off Wednesday, as triple-A benchmarks rose in sympathy with U.S. Treasuries. Equities rallied. Muni yields ...