MYF News and Press, Blackrock MuniYield Investment Fund From 01/24/20

By Kevin Flanagan When investors look for forward guidance on global interest rate trends, the U.S. Treasury ((UST)) market is typically viewed as the bellwether arena. While we certainly agree with this premise, every once in a while, Treasury yields can take their cue from an overseas so...

We continue to live in a "Borrower's Paradise," Wonderland. That much is obvious with the 3 month Bill at 1.54%, the two year Treasury at 1.53% and the 10 year Treasury at 1.77%. Touting his bilateral trade deals and financial deregulation, at Davos, President Trump said that "we still have ...

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By John R. Mousseau, CFA 2019 saw bond yields turn around from their climb in 2018 and move lower. Since the Federal Reserve changed its language last December to being accommodative and data-driven, we have seen yields across the board come down a lot. There is no question that this drop ...

Introduction The municipal bonds impressed us with their performance in 2019. Since November 2018, the sector increased its price significantly. Of course, one of the main reasons was the policy of the central bank of the United States and, more specifically, the interest rate decreases wh...

By Patricia Healy, CFA This commentary continues the discussion on key themes of the year, many long-term in nature, & reveal the need for govts & businesses to adapt. Pensions, budgets, state ratings, climate adaptation, cybersecurity, and investing This fourth-quarter com...

In August, Moody's Investors Service released its annual municipal bond market snapshot, US Municipal Bond Defaults and Recoveries, 1970-2018 , with updates through 2018. The report continues to affirm two hallmark benefits offered by muni bonds. First, municipal bankruptcies remain rare over...

By Sheila Amoroso, Senior Vice President, Director, Municipal Bond Department, Franklin Templeton Fixed Income Group ® Municipal bonds can continue to provide a number of potential benefits for tax-sensitive investors as we move into 2020, according to Shelia Amoroso, director of F...

Introduction Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage and directional opportunities for active traders like us. Currently, we are cautious when we choose o...

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