IBMK News and Press, iShares iBonds Dec 2022 Term Muni Bond From 10/05/22

Summary Despite the recent interest rate volatility, municipals have managed to do better than taxable bonds. Municipals have the same default rate as AAA-rated corporates. Adjusting for duration, municipals’ taxable equivalent yield is still superior. Municipals&#x...

Summary The Federal Reserve continued to raise short-term rates in their battle to slow inflation in the third quarter. The end of the quarter saw Hurricane Ian deal a lethal blow to southwest Florida. The economic impact is severe and portends a big downshift in the economy o...

BlackRock announced today the planned termination of the iShares iBonds Dec 2022 Term Muni Bond ETF (NYSE: IBMK ). IBMK’s last day of trading and final NAV calculation date will be Thursday, December 1, 2022. Its liquidation date will be Wednesday, December 7, 2022. ...

Summary Historic levels of volatility in the municipal (muni) bond market so far this year has caused investor concerns over market conditions. Technical conditions in the market have improved for tax-exempt investors as the year has progressed, yet outflows of funds from the sect...

Summary Transparency and competition in the municipal market have largely improved with advances in regulation, electronic platforms and algorithms. The surge in trading volume year-to-date, however, also reflects a pronounced rise in swapping activity, which has distorted typical...

Summary Rising interest rates severely pressured fixed income assets in August. Municipals slightly outperformed U.S. Treasuries amid supportive supply-and-demand dynamics. A more defensive stance is warranted as seasonal trends typically turn less favorable in September. ...

Summary Lots of commentators love I Bonds. A high "teaser" rate today sounds good, but what if inflation gets tamed? Think more about your investment profile and goals before you jump in. When inflation started picking up last year, every blog writer and financial co...

Muni debt is mostly owned by tax-paying Americans, and their preferences determine the market prices of the debt. Trillions in derivatives are tied to Treasury debt structures and are part of global transactions that ignore the yield curve outlook and trade against the Treasury yield ...

Now, most recently, the Russian war with Ukraine and its shock to energy and commodity markets, at a time when inflation was already running hot, has added greatly to investor concerns. While retirement planners and long-term liability managers often need to take on duration to hedge ...

iShares iBonds Dec 2022 Term Muni Bond ETF ( IBMK ) - $0.0193 . 30-Day SEC Yield of 0.95% as of July. 28. Payable Aug 05; for shareholders of record Aug 02; ex-div Aug 01. For further details see: iShares iBonds Dec 2022 Term Muni Bond ETF declares monthly distri...