TAXF News and Press, American Century Diversified Municipal Bond From 09/17/20

At the end of July, Moody's Investors Service released its annual municipal bond market snapshot, US municipal bond defaults and recoveries, 1970-2019, with updates through 2019. The report continues to affirm two hallmark benefits offered by muni bonds. First, municipal defaults and bankruptc...

New York (September 15) - One of the more troubling admissions of Federal Reserve Chair Powell at his speech last month was his acknowledgement that "r-star" (r*), or the "natural" rate of interest, had fallen by some 50% since 2012. As Chair Powell described it: This rate (the r*rate) ...

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There's no way to overstate just how much the COVID-19 pandemic has disrupted our daily lives and the broader economy - and the municipal market is no exception. To take stock of where the muni market is now and what we should look for going forward, we turned to Baird Municipal Analyst Mike S...

Of all of the Fixed-Income markets, Municipals are the most disjointed. Yes, there are some large state issues, where liquidity can be found, but there are also very small issues, from small municipalities, that are not only general obligation bonds but also revenue bonds from school districts...

By John R. Mousseau, CFA As we come to the end of the second quarter of 2020, the pandemic is still with us, with cases are rising in the South and the West in a resurgence of the virus, amid further issues involving social unrest. Today, we take a look at the tax-free municipal bond marke...

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By Daryl Clements Caught in the COVID-19 economic downdraft, the municipal market suffered unprecedented volatility in March. Since then, however, demand for higher-grade municipal bonds has soared, driving the Bloomberg Barclays AAA Municipal Index up 11% between its March 23 low and May ...

By Mark Paris, Chief Investment Officer, Head of Municipal Strategies, Invesco Fixed Income , and Timothy Spitz, Product Director We examine the state of the municipal bond market over the past few months. The municipal bond market has seen a nice recovery in investment-grade names ...