BSMO News and Press, Invesco BulletShares 2024 Municipal Bond ETF From 08/11/23

2023-08-11 08:00:00 ET Summary On August 1st, Fitch downgraded the U.S. credit rating from AAA to AA+. Current ratings of the U.S. now stand at AAA by Moody’s, AA+ by S&P (who downgraded the U.S. in 2011), and Fitch at AA+. The federal government’s strengths ...

2023-08-08 01:48:00 ET Summary Continued economic growth despite the rate hikes led to a resumption of growth in the stock market. The pace of downtown recovery is not following a one-size-fits-all formula. The majority of muni bonds in the Moody's study have an average rating...

2023-07-25 04:41:00 ET Summary Bottom-up municipal research can often help find clarity amid negative sector news. More broadly, we remain constructive on municipal credit across the U.S., given the sector’s overall financial strength and its ability to withstand an economi...

2023-07-24 13:44:34 ET Invesco BulletShares 2024 Municipal Bond ETF ( NASDAQ: BSMO ) - $0.0467 . 30-Day SEC Yield of 3.10% as of July 21. Payable Jul 28; for shareholders of record Jul 25; ex-div Jul 24. For further details see: Invesco BulletShares 2024 Muni...

2023-07-22 03:05:00 ET Summary Overall muni markets are off to a pretty strong start, returning 2.7% roughly year to date. As the Fed continues to enter into the late stages of their tightening cycle, how should investors think about duration positioning in today’s environm...

2023-07-15 03:35:00 ET Summary In a slowing economy, municipal bonds may be an attractive investment for the 3 reasons outlined. Municipal bonds tend to have higher credit ratings compared to corporate bonds. Most state and local governments have benefited from strong fiscal c...

2023-07-13 03:10:00 ET Summary With the highest yields in years, the muni bond market looks increasingly attractive. After the worst showing in four decades in 2022, the muni market regained some ground in 2023. There was some chop along the way, but the Bloomberg Municipal Bo...

2023-07-12 06:00:00 ET Summary Municipal bonds posted positive absolute and relative performance in June. Modest primary and secondary supply was outpaced by improved demand. While July has historically been a top-performing month, we maintain some near-term caution. ...

2023-06-30 21:30:00 ET Summary Treasury yields continued to be extremely volatile during the second quarter as market participants digested economic data and tried to time the end of the Fed hiking cycle. The net result of interest rate movements during the quarter was higher yiel...

2023-06-30 09:45:00 ET Summary The municipal market has been able to post positive performance thus far in 2023 despite negative net mutual fund flows. Negative fund flows have been manageable as issuance has remained muted, and flows are expected to turn as funds from coupons and...