Muni bond news.

Honorable Mentions: (1) Federated Premier Municipal Income Fund ( FMN), discount -13.95%, yield 4.00%. It appears they may have overcut a bit as coverage is now over 111%. UNII is back to zero and ...The purpose of this article is to discuss the municipal ( (muni)) bond sector and how attractive it is as an investment opportunity at the moment. This is an area that I …Watch Muni Bonds Poised to Do Really Well: Neuberger's Iselin - Bloomberg. Bloomberg Wall Street Week, hosted by David Westin, is a reinvention of the iconic Wall Street Week, which aired on PBS ...Search News & Quotes. ... Muni Bonds Are Down So Much That They’re Buys Again. By Randall W. Forsyth. Updated April 16, 2022, 12:16 pm EDT / Original April 15, 2022, 6:51 pm EDT.

Seven things to know about tax-free municipal bonds. Muni bonds can be taxable and tax-exempt. There are two types of muni bonds. Muni bond yields are higher than U.S. Treasurys. Muni bonds have ...Nov 24, 2023 · Muni Bond Performance Since 12/22 - State and Local Bonds (Yahoo Finance) What I am trying to convey here is that there are market environments where munis will perform relatively poorly. Oct 24, 2023 · Municipal-bond yields at the highest in more than a decade are spurring optimism on the part of investment managers, who have been dealing with persistent fund outflows this year as the market...

Taxation for Municipal Bonds; Bond Insurance; News; Muni ETFs; My Bonds; Pricing; Go Premium For Free; ... Municipal Bonds 101 Unveiling the Crucial Role of Financial Forecasting in Shaping Annual Rates for U.S. Public Utilities. Jayden Sangha Nov 28, 2023. 2023-11-28. U.S. public utilities, like water, wastewater and solid waste, are …Mar 29, 2023 · Higher yields: The benchmark iShares National Muni Bond ETF (MUB) yields just 2%. Better to go with CEFs, where yields of 4%, 5% and up are common—driving taxable-equivalent yields of 7% or more ...

Source: Moody's, U.S. Municipal Bond Defaults and Recoveries, 1970–2021 (April 2022), most recent data available. Why muni fundamentals look strong in 2023 State & local tax receipts fell 7% in 1H2023 vs. 1H2022, primarily driven by the inflated 2022 base as well as reduced capital gains due to weaker market performance.May 13, 2022. Eric Kazatsky, Senior US Municipals Strategist with Bloomberg Intelligence, discusses the latest news from the municipal bond market. Hosted by Paul Sweeney and Matt Miller.Ten-year AAA muni yields also rose during September by 38 basis points, after rising 40 basis points in the first two months of the quarter – not so much from bond fund liquidations (which have ...Muni Bonds News and Perspectives. Below are bond market commentaries, strategies and analyses written by our municipal bond specialists. They are listed by …

Corporate bonds are a cornerstone of the investment world and one of the largest components of the U.S. bond market, according to Investor.gov. Here’s a guide for understanding corporate bonds.

Data as of Sept. 30, 2023. For example, if you’re in the 32% tax bracket and own a municipal-bond fund with a nominal yield of 3.27%, you’d have to earn more than a 4.81% yield, or 3.27 ...

Jun 8, 2022 · This year to late May, investors pulled $57bn out of municipal mutual bond funds, according to EPFR data. The sell-off drove returns in the first quarter to negative 6.2 per cent, as measured by ... The lack of interest from mom-and-pop buyers has been a challenge to boosting performance in the $4 trillion municipal-bond market, where investment-grade debt has returned a measly 1%, according ...Muni Supply. Muni supply of $391 billion in 2022 lagged almost 20% below 2021 supply, and by some estimates 2023 supply is on track to be down another 10% to 12%. Rapidly rising interest rates are ...We would like to show you a description here but the site won’t allow us.The one-year muni was at 3.26% Friday — the highest it has been in 10 years — and the two-year was at 3.05%, according to Refinitiv MMD. The five-year was at 2.65% and the 10-year at 2.55% Friday.(Bloomberg) -- Investors are rushing into the $4 trillion municipal bond market to take advantage of bargain prices. Most Read from Bloomberg. Hamas Mastermind Who Tricked Israel Is Top Target in ...The Indianapolis Local Public Improvement Bond Bank (A1//A/) is set to price Thursday $215.765 million of Indianapolis Airport Authority Project bonds, consisting of $70.025 million of non-AMT ...

As a beginner investor, you might have heard that bonds are a great investment but have no idea how to invest in them. This guide shows you all the information you need to know before buying a single dollar’s worth of bonds, as well as how ...March 09, 2023, 4:41 p.m. EST 8 Min Read. Municipals were firmer on the front end of the curve as more billion-dollar deals priced, while Treasuries rallied hard inside 10 years and equities sold ...The average intermediate-term national muni-bond fund offered an SEC yield of 3% as of Jan. 31. For investors who are married filing and jointly for 2022 taxes and who fall into the 24% tax ...The municipal corner of the market saw some volatility. The benchmark AAA municipal curve fell by ~10 basis points across the board. The ratio of municipal bond yields as a percentage of Treasury yields fell on this combination of moves and currently sits at ~66% at 10- years. Morgan Stanley Research expects the value of muni ETFs to double to $200 billion in assets under management by 2026, representing about one-third of the time it took for this asset class to reach $100 billion. While this may seem like a drop in the large bucket of the $4 trillion municipal bond market, the growth of investment in muni bonds via ...The lack of interest from mom-and-pop buyers has been a challenge to boosting performance in the $4 trillion municipal-bond market, where investment-grade …

Bloomberg Municipal Bond Index: A market-value-weighted index for the long-term tax-exempt bond market. To be included in the index, bonds must have a minimum credit rating of Baa. They must have an outstanding par value of at least $7 million and be issues as part of a transaction of at least $75 million. The bonds must be fixed …

Breakeven Tax Rates and Income Levels (Raymond James and the Tax Foundation, 07-31-23) For example, A typical 1 year municipal bond yields only 55.05% of a comparable treasury. An investor would ...jessica-lerner-bb8018224. October 19, 2023, 4:29 p.m. EDT 8 Min Read. Municipals weakened further Thursday as outflows from muni mutual funds lessened, while short-term U.S. Treasury yields fell ...In addition to noting that the muni sector remained resilient and strongly liquid in 2022, the report continued to affirm two hallmark benefits muni bonds offer. First, defaults and bankruptcies remain rare overall: just one in 2022. Second, municipal credits continue to be highly rated compared to corporates, and, indeed, in 2022, in general ...The municipal bonds that state and local governments sell to pay for unsexy-sounding infrastructure projects are offering their highest yields in more than a decade. New bond investors snapped up ...Refinitiv Lipper reported $798.474 million was pulled from municipal bond mutual funds in the week ending Wednesday after $407.976 million of inflows into the funds the previous week.The iShares iBonds Dec 2023 Term Muni Bond ETF (IBML) is an exchange-traded fund that is based on the S&P AMT-Free Municipal Series 2023 index. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature between January and December 2023. IBML was launched on Apr 11, 2017 …KEY TAKEAWAYS. Texas reportedly dropped Citigroup from muni-bond deal over the financial institution's gun stance. Texas earlier removed UBS as an underwriter from the planned $3.4 billion ...A week before the annual conference of the Municipal Advisory Council of Texas, the state’s embattled Republican attorney general had threatened to bar eight banks from municipal bond deals in ...A Top Muni Bond Fund Manager Gets Results. Debbie Carlson. August 9, 2023 6:40 am ET. The Baird Strategic Municipal Bond fund has beaten 97% of its peers over the past three years. Co-lead manager ... Mar 27, 2022 · Investors checking the value of their municipal-bond portfolios are getting bad news. ... municipal-bond prices have grown increasingly volatile, and the Bloomberg Municipal Bond Index has been ...

Muni Bond Update (Audio) Joe Mysak, columnist with Bloomberg News, joins the program to discuss the latest on the municipal bond market. Hosted by Paul Sweeney and Kriti Gupta.

Despite the worst market rout in 40 years, investors plowed a record $27.8 billion into municipal-bond ETFs this year, a striking contrast to open-end funds which lost more than $130 billion. As ...

News Municipal Bond Market Update - September Edition. Corey Boller Sep 10, 2020. 2020-09-10. On August 27, Federal Reserve Chairman Jerome Powell announced a major ... The share of outstanding municipal bonds held by U.S. households fell to 40% in the first three months of the year from 46% in 2020, according to a Municipal …Stephanie Larosiliere, Invesco's head of municipal business strategies, says the fundamentals in the municipal bond market are strong despite the looming threat of a federal government shutdown. She speaks with Katie Greifeld and Romaine Bostick on "Bloomberg Markets: The Close." (Source: Bloomberg)The authority remarketed three series of bonds, originally issued in 2007 and 2013. The bonds will now mature in 2027, 2033, and 2034, with interest rates ranging from 4.15% to 4.2%. The securities received a rating of A3 from Moody’s. By Munichain News Desk. November 24, 2023.Mar 29, 2023 · Higher yields: The benchmark iShares National Muni Bond ETF (MUB) yields just 2%. Better to go with CEFs, where yields of 4%, 5% and up are common—driving taxable-equivalent yields of 7% or more ... Jun 13, 2022 · Bond, Muni Bond: Shaken, Not Stirred. For now, fed funds futures contracts are pricing in three consecutive rate hikes of 50 basis points at the June, July and September meetings and while a 75 basis point bump is not actively in our forecast, we could envision a more serious debate to consider such a move now that we have May CPI in hand. Investors had pulled out of muni bonds because of concerns about the effects of inflation and rising interest rates. But the sell-off drew bargain hunters. At last month’s …Get the latest iShares Short-Term National Muni Bond ETF (SUB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and ...Oct 30, 2023 · If the investor is in the 24% federal income-tax bracket, we can calculate the taxable-equivalent yield for the Chicago Midway bond by dividing its YTM of 4.63% by 1 less the tax rate. So 4.63% ...

Dec 1, 2023 · What’s been driving municipal bond performance in 2023? Sean: Just like 2022, the story of 2023 has been about the Fed.We have seen four rate hikes year-to-date, in addition to the seven hikes last year, which has driven the Fed Funds rate to a 22-year high. 1 As a result, the benchmark 10-year Treasury, which began the year at 3.88%, has continued to increase, most recently trading at 4.92% ... Municipal-bond yields at the highest in more than a decade are spurring optimism on the part of investment managers, who have been dealing with persistent fund outflows this year as the market...Rate & Bonds News. World EU-Mercosur deal's future up to new Argentina government, sources say December 2, 2023. U.S. Markets US ETF assets hit record $7.65 trillion in November -State Street ...The purpose of this article is to discuss the municipal ( (muni)) bond sector and how attractive it is as an investment opportunity at the moment. This is an area that I …Instagram:https://instagram. julie younglove webbc3 ai share priceis briteco legitcedear Growing: In 2021, muni bond issuers raised US$45.9bn through use-of-proceeds labelled debt, in what was the third consecutive year of growth of at least 70% year-on-year (see Figure 3). As a proportion of total muni bond new issuance, it also increased to 9.7%, from 5.5% in 2020 and 3.2% in 2019. alibaba stock chinagrowgeneration san diego The Nuveen High Yield Municipal Bond Fund gives investors access to this particular segment of the market. As of September 27, 2023, the fund has assets totaling almost $17.05 billion invested in ...The $4tn market for “munis”, often bought by individual investors attracted to their yields and tax advantages, has fallen by 13 per cent this year, according to the ICE BofA municipal bond index. kdp la colombe Jun 3, 2022 · The base amount for Medicare Part B premiums in 2022 is $170.10 per month, a 14.5% jump from 2021. However, the payments start to increase for joint filers with MAGI over $182,000 (single filers ... Co-Head of Municipal Fixed Income. “For 2022, the market’s bias that rates will trend higher may present an opportunity for investors to deploy cash at more attractive tax exempt yields. While municipal credit did very well last year, the fundamentals remain very strong and supportive of valuations – though selectivity will be important.”.