MQY News and Press, Blackrock MuniYield Quality Fund Inc. From 01/29/19

Municipal bond investors like their muni portfolios to play the role of Old Faithful in their overall asset allocation, providing safety and income. But that doesn't mean that the investment environment is reliably the same. How can muni investors stay on track in 2019? They can adhere to thes...

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By Cooper J. Howard There's an old joke in the bond market: "What's the difference between a high-yield bond and a junk bond?" "It's high yield when you buy it, but junk when you sell it!" Since high-yield munis - those that are rated below Baa3/BBB-, or not rated at all - were one of the ...

By Patricia Healy, CFA Has The Municipal Credit Cycle Plateaued? Many positive indicators suggest that the municipal credit cycle has yet to plateau. Upgrades continue to outpace downgrades; the US economy is still growing; federal tax reform boosted revenues in fiscal 2018; and rainy ...

The BlackRock registered closed-end funds (each a "Fund" and collectively, the "Funds") announced today that Henry Gabbay will become an independent director/trustee of each Fund on January 1, 2019. Mr. Gabbay will stand for election at the 2019 annual shareholder meeting for each Fund liste...

By John R. Mousseau, CFA Muni yields rose in the first six weeks of this quarter - mostly in sympathy with US Treasuries (UST). We saw the 10-year and 30-year Treasury bonds rise 20 and 25 basis points respectively. Since early November, AAA muni yields ((AAA)) have dropped across the boar...

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By Kathy A. Jones Peak expectations The worst may be over for the bond bear market. After more than two years of steadily rising bond yields (and falling bond prices, which move inversely to yields), our research suggests that 10-year Treasury bond yields may have peaked for this tighten...

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