Muni bond news.

Markets Roundup The latest news & analysis. ... Instead, benchmark yields on a 10-year A-rated muni bond fell slightly to 2.83% Monday from 2.89% Friday and remained steady Tuesday.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.Michael Zezas, head of U.S. public policy research at Morgan Stanley, joins ‘The Exchange’ to discuss whether investors should stay away from muni bonds or whether now’s the time to pick ...٠٣‏/١١‏/٢٠٢٣ ... Chief Executive Officer Jane Fraser is weighing whether to shutter Citigroup Inc.'s municipal-bond trading and origination business, ...News updates from October 4: Oil sinks more than 5%, Sunak axes northern leg of HS2; ... As part of that effort, the Fed has also promised to find ways to steady the muni bond market, ...

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 good news: municipal bond funds have actually ... Passive muni bond ladders may also take a while to show investors any meaningful benefits. With actively managed municipal bond funds, on the other hand, managers have the flexibility to shift portfolio holdings among higher-quality municipal bonds, taxable bonds and municipal credit as ...

Refinitiv Lipper reported $798.474 million was pulled from municipal bond mutual funds in the week ending Wednesday after $407.976 million of inflows into the funds the previous week.The iShares National Muni Bond ETF offers investors an unleveraged and multi-state exposure to generate tax-free income. As rate hikes started aggressively in 2022, leveraged options became less ...The discount is now at some of the widest levels in nearly two decades. According to data provided by Matisse Capital, the average muni CEF is trading at an 11% discount to its NAV. This compares to the long-term average of 4% and the 1.5% discount on the funds at the beginning of 2022. The effect of the discount/falling share price also helps ...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 ...NSE’s index services subsidiary, NSE Indices Limited on Friday launched India’s first-ever Municipal Bond Index, Nifty India Municipal Bond Index at a SEBI workshop on Municipal Debt Securities in Bengaluru. The Nifty India Municipal Bond Index tracks the performance of municipal bonds issued by Indian municipal corporations …

The purpose of this article is to discuss the municipal ( (muni)) bond sector and how attractive it is as an investment opportunity at the moment. This is an area that I …

Clearly, many bonds are at higher yields than this, and the taxable equivalent yields of bonds from high-tax states are even higher. Double exempt bond yields at 4.5% or higher in high-income-tax ...

Eric Reed. January 12, 2023 at 9:00 AM · 7 min read. SmartAsset: Investing in Municipal Bonds During Rate Hikes. Municipal bonds, or “munis,” are popular investments for a few reasons. Most ...The good news: municipal bond funds have actually rebounded surprisingly quickly from sharp interest rate increases, thanks to the power of higher yields and time. Higher inflation is making the headlines today, so clients may be looking for ways to protect their interests in inflationary environments . 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%.Buy ‘fallen angels’ in the U.S. bond market, BNP Paribas says. Money market funds are yielding north of 5%. Here’s when it may pay to look elsewhere. Municipal bonds purchased at a sharp ...By the time Miller turned to the agency, it had already rubber-stamped dozens of bond-sales applications. In fact, from the time the agency was established in 2016 through June of last year, borrowers had raised over $8 billion selling conduit bonds using the agency’s name to finance 124 projects, according to the state audit.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 ...The muni yield curve is an important indicator of the health of the municipal bond market and the broader economy. The muni yield curve has recently become inverted in the short end, meaning that ...

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 ...To re-cap, this has been a reason for the poor muni performance - rising yields have pummeled the prices for fixed-income bonds. But the good news is that yields have neared their 5-year high ...Clearly, many bonds are at higher yields than this, and the taxable equivalent yields of bonds from high-tax states are even higher. Double exempt bond yields at 4.5% or higher in high-income-tax ...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.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 ...Oct 25, 2022 · (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.

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 ... jessica-lerner-bb8018224. October 19, 2023, 4:29 p.m. EDT 8 Min Read. Municipals weakened further Thursday as outflows from muni mutual funds lessened, while short-term U.S. Treasury yields fell ...

٠٣‏/١١‏/٢٠٢٣ ... SIFMA Research tracks issuance, trading, and outstanding data for the U.S. municipal bond market. ... news on the capital markets. Subscribe.Launched today, March 9, VTES tracks the S&P 0-7 Year AMT-Free Muni Bond Index and predominantly invests in short-term investment-grade municipal bonds. With an expense ratio of just 0.07%, it’s ...What Are Municipal Bonds? A municipal bond, or "muni," is a fixed-income security that pays a specified amount of interest and returns the principal to the holder on a specific maturity date. Most ...MarketWatch Municipal bonds offer fantastic yields, especially in these four high-tax states Provided by Dow Jones Oct 30, 2023 10:26 AM PDT By Philip van Doorn …The iShares National Muni Bond ETF ( NYSEARCA: MUB) is an interesting fund for that here. The exchange-traded fund, or ETF, seeks to track the investment results of an index composed of investment ...Higher yields: The benchmark iShares National Muni Bond ETF (MUB) yields just 2%. Better to go with CEFs, where yields of 4%, 5% and up are common—driving taxable-equivalent yields of 7% or more ...Buy ‘fallen angels’ in the U.S. bond market, BNP Paribas says. Money market funds are yielding north of 5%. Here’s when it may pay to look elsewhere. Municipal bonds purchased at a sharp ...

Indeed, the biggest risk for muni bond CEFs is really the spread between shorter-term interest rates and longer-term rates since these funds are highly leveraged and use shorter-term swap rates to ...

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... Municipal Bond New Issue Offering Documents. Please consult your financial advisor ... News & Media · Contact Us · Legal Disclosures · Privacy, Security & Account ...Hiutin says muni bonds are historically very secure, noting since 1970, the 10-year cumulative default rate for investment-grade municipal bonds is 0.1%. Next: VanEck Vectors High Yield Municipal ...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 …Muni Bonds News and Perspectives. Below are bond market commentaries, strategies and analyses written by our municipal bond specialists. They are listed by …For the week ending Wednesday, outflows lessened as Refinitiv Lipper reported $91.713 million was pulled from municipal bond mutual funds after $194.097 million of outflows the week prior.Indeed, the biggest risk for muni bond CEFs is really the spread between shorter-term interest rates and longer-term rates since these funds are highly leveraged and use shorter-term swap rates to ...Research on the effects of parenting on how kids turn out shows that while parents can influence their kids, they can't really change them, and the main area a parent really can improve is the parent-child bond. Research on the effects of p...Buy ‘fallen angels’ in the U.S. bond market, BNP Paribas says. Money market funds are yielding north of 5%. Here’s when it may pay to look elsewhere. Municipal bonds purchased at a sharp ...

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 ...The iShares National Muni Bond ETF offers investors an unleveraged and multi-state exposure to generate tax-free income. As rate hikes started aggressively in 2022, leveraged options became less ...As we reflect on the disappointing performance of municipal bonds in 2022 and even so far in 2023, the fundamentals really have not been a driving force. 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.A funny thing happened in the past week, as news emerged of inflation hitting a four-decade high. A few strategists started looking a bit more positively on bonds, or at least somewhat less ...Instagram:https://instagram. m stock forecastratings for molina healthcarestock zgbiggest market movers 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 ... altl etfis simply business insurance legit Vanguard Short-Term Tax-Exempt Bond ETF ( VTES) 0.05%. iShares National Muni Bond ETF ( MUB) 0.07%. iShares Short-Term National Muni Bond ETF ( SUB) 0.07%. Nuveen High Yield Municipal Bond Fund ... forex com review Jun 8, 2022 · This year to late May, investors pulled $57bn out of municipal mutual bond funds, according to EPFR data. The sell-off drove returns in the first quarter to negative 6.2 per cent, as measured by ... 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.”.The credit quality of a bond is indicated by the grade or rating that’s assigned to the bond by a rating service, such as Standard and Poor’s. The credit quality of a bond is indicated by the grade or rating that’s assigned to the bond by a...