NVG News and Press, Nuveen AMT-Free Municipal Credit Income Fund From 05/20/20

During periods of economic uncertainty, near-term decisions can determine the nature and durability of the recovery that drives long-term credit quality. I believe there is some cause for optimism for recovery in the municipal bond market. There may be many bumps in the road, but fears of many...

The New York Fed releases a notice today that will help it gauge demand for its lending facility for state and local governments, one of nine emergency lending programs it's setting to help keep credit flowing during the coronavirus pandemic. More news on: iShares National Muni Bond ETF,...

Looking to raise about $750M across several maturities today, Illinois is reportedly paying 5% to sell paper coming due in 2021 - that would be several hundred basis points above benchmark rates (U.S. two-year yields are at 0.16%, for instance). More news on: iShares National Muni Bond ETF...

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(This report was published on April 29 to members of Yield Hunting. All data herein is from that date except the commentary in the update near the end.) Both Blackrock and Nuveen have reported their UNII and coverage data for March. The data is a bit different as the Nuveen muni CEFs sho...

Before states and local governments turn to the Fed looking for a loan, the central bank wants them to first look to Wall Street. More news on: iShares National Muni Bond ETF, Nuveen AMT-Free Municipal Credit Income Fund, Nuveen Municipal High Income Opportunity Fund, Financial stocks news...

As the COVID-19 pandemic evolved during the first quarter, the municipal bond market experienced one of its most volatile periods in years. Here, the Franklin Municipal Bond Department shares how they plan to navigate the market, which they think is likely to show signs of distress and elevat...

Senate Majority leader Mitch McConnell (R-KY), in comments Monday, said he ultimately expects the Congress to approve aid for states and cities impacted by coronavirus spending, clarifying that his comments last week  suggesting bankruptcy for states was just "an option" being evaluate...

The central bank will now purchase the paper of counties with at least 500K residents, and cities with at least 250K residents (the previous cutoffs were 2M and 1M, respectively). This will allow for up to 261 state, city, and county issuers, up from just 76 previously. More news on: iS...

"Here Comes Tonto" I am older than most of you. Not all of you, of course, but most of you. I have memories of Gene Autrey, and Roy Rogers, and "A fiery horse with the speed of light, a cloud of dust and a hearty, 'Hi Ho Silver!' The Lone Ranger!" Some of you will not even know who I am ta...