The prospect of declining interest rates presents a significant opportunity for municipal debt...
In the face of urban sprawl and increasing vehicular congestion, city planners and local...
The anticipated reduction of interest rates by the Federal Reserve, initially projected at the...
In recent years, the United States has experienced a significant increase in the number of...
Against the backdrop of conflicts in the Middle East and Eastern Europe and a global economic...
U.S. public utilities, like water, wastewater and solid waste, are generally operated by...
Often talked only from the standpoint of cities and counties, municipal debt issuances cover an...
With the Fed’s continuous fight against inflation, the interest rate environment has been quite...
Bigger cities in the United States are grappling with the complex and multifaceted issue of...
The municipal debt market is a critical component of local government financing, serving as a...
Considering the current interest rate environment, many investors are either starting or...
Headquartered in Santa Clara, California and with total assets valued over $200 billion, until...
While the federal government plays a significant role in regulating public utilities, such as...
With 2022 in the rearview mirror, 2023 will likely see the continuation and effects of the...
With the ongoing interest rate hikes, the cost of accessing the capital market to finance...
With continued Fed rate hikes, many fixed income investors are currently sitting on hefty...
For everything from a natural disaster, recent example being Hurricane Ian in Florida, to a...
When looking at either the historic performance or the forecasted outlook by many of the credit...
In FY2022, from July 2021 to June2022, tumultuous financial markets played a key role in many...
Given the nature of recent global events, like the Russia-Ukraine conflict or coronavirus...
As local and state governments, including transportation agencies, were already grappling with...
In the midst of current economic uncertainty, U.S. municipal governments are on track to issue...
In the last few weeks, many investors were alarmed by the “inverted yield curve,” as for some, it...
In the most recent Federal Open Market Committee meeting, Chair Jerome Powell indicated he views...
As local and state economies were starting to emerge from the COVID-19 grip, the economic outlook...
In the midst of the COVID-19 public health emergency and tumultuous economic outlooks, local...
All through the pandemic, U.S. municipal utilities have shown incredible fiscal resilience,...
In a well diversified portfolio, municipal debt plays a key role in adding to its stability and...
During the recently held Federal Open Market Committee (FOMC) meeting on December 15, the Federal...
From serious inflation concerns to the Omicron variant, the fears of the world economy facing...
As we approach the end of 2021, the big question for all financial markets is how the...
With the rapid rollout of coronavirus vaccines, the global economy is emerging out of the...
Since taking office, President Joe Biden has repeatedly underscored the importance of certain key...
Although we will soon be approaching the final quarter of 2021, many of the unknowns related to...
In a normal public finance transaction to raise capital, local governments often have to pledge...
We often hear phrases like environmentally friendly, social and equitably beneficial, and...
Earlier this year, President Biden introduced one of the largest-ever U.S infrastructure plans,...
The strength of a local economy and its economic activity is directly tied to the health of its...
With the historic low interest rates and more pre-qualified buyers with attractive offers, houses...
Since the start of the COVID-19 pandemic, the United States government has distributed over $6...
Every night, thousands of Americans, from all age groups and ethnic backgrounds, sleep without...
For decades, many large U.S. metropolitan cities have seen their rental markets reach new heights...
The recent unexpected hike in treasury yields has many investors worried about the future of...
The issuance of Pension Obligation Debt has been a topic of contention amongst various local and...
The U.S. local and state economies contribute over 10% to the national GDP, and their economic...
With 2020 in our rearview mirror, the year 2021 will likely be a year of change along with...
Despite the positive news on the COVID-19 vaccine and the federal government’s efforts to mass...
With a continued historic decline in ridership numbers and no additional federal help in sight,...
In more ways than one, the 2020 American presidential election was a historic one: Joseph R....
As we are nearing the end of calendar-year 2020, contrary to earlier expectations and political...
From the widespread Coronavirus pandemic to the worldwide economic halt, 2020 also happens to be...
Between unemployment and underemployment at the individual level to impaired income sources for...
All local governments throughout the United States are facing some serious fiscal and other...
In the wake of COVID-19, California’s largest higher public education institution, California...
Widespread public fear of traveling and especially using public transportation paired with the...
As the entire country is still struggling to emerge from COVID-19, local and state governments...
From COVID-19 lockdown to massive layoffs in Calgary, Alberta, and mass bankruptcies by drilling...
The constant fear of COVID-19 and the uncertainty about the longevity of its financial impacts...
We often hear the phrase that the American economy is a consumer-driven economy and consumer...
With a “shelter-in-place” directive, rising unemployment figures and Coronavirus fears, the...
In the midst of COVID-19, the domestic and global financial market outlooks are grim and the...
Capital markets around the world have felt the wrath of the COVID-19 threat, and investors are...
For some investors, the sole purpose of investing in municipal debt is to take advantage of the...
Due to the dynamic nature of financial markets, they are susceptible to an array of factors from...
Municipal debt markets can cater to everyone from a conservative investor looking for principal...
When strictly analyzing the default risk of your investment holdings, municipal debt is often...
Puerto Rico’s decade-long fiscal decline, paired with financial mismanagement and natural...
The Jefferson County, Alabama, bankruptcy case was slightly more unusual than other municipal...
Transportation debt is unique in the way that it’s often issued for projects that can take a long...
The concept of public private partnership is nothing new and you will often see a strong presence...
Post the 2008 recession, throughout California, the operating costs of cities and other local...
A crippling general obligation (GO) debt, the highest unemployment rate among major U.S. cities,...
During the great recession of 2008, investors saw some of the biggest names in the private sector...
Almost every local and state government in the United States is currently struggling with their...
As the U.S. economy continues its longest period of growth and expansion, many leading economists...
The American prison system is an $84 billion industry that has been viewed as a lucrative and...
Whether it’s the draughts in California or hurricanes in the southeast parts of the United...
Given the rapid change in technology and access to information, it’s safe to say that U.S....
After a decade-long fiscal decline, Puerto Rico filed for bankruptcy protection and has been in...
Many fixed-income investors gravitate towards municipal debt as an investment option because of...
As investors familiarize themselves with their respective issuer’s credit profile, they are...
Prior to structuring or issuing any form of debt, the municipal issuer (local government)...
As an investor in local government debt instruments, you might often hear the term ‘CAFR’ and its...
Investors often hear the term “yield curve” and how certain forces in financial markets and...
Following the financial crisis of 2008, the financial regulations were tightened and financial...
Municipal debt instruments have always played a crucial role in the overall composition of...
Everything from corporate debt to municipal debt instruments, the sheer size of U.S. capital...
Like other capital markets, municipal debt markets are made up of a wide array of debt...
Indra Nooyi, CEO of PepsiCo, once said that you can either run an organization for your duration...
For both individual and corporate investors, your tax rate serves as one of the biggest alluring...
Municipal debt securities have always been attractive investment vehicles for those looking to...
Post-Hurricane Maria’s devastation, Puerto Rico’s financial struggles have worsened with parts of...
Whether you are managing your own investment portfolio or a private or public institution looking...
Municipal debt, or any investment instrument backed by the tax authority of a local government,...
The current rising interest rate environment, where the Federal Reserve has hinted toward...
Due to the ability of fixed-income instruments to produce fixed and recurring income, bond...
Municipal debt markets are made up of a wide array of debt instruments and serve investors from...
Whether it was political scandals like ‘Bridgegate’ under Gov. Chris Christie or the near...
The City of Chicago’s new debt transaction, secured by sales-tax revenues, emerges as the epitome...
The newly introduced tax bill is going to have a substantial impact on the issuance of tax-exempt...
The 10-year U.S. treasuries yield serves as a critical benchmark for global finance around the...
A combination of poor financial oversight, non-adherence to fiscal policies and an overextension...
Your investment in municipal debt isn’t merely just buying and selling those instruments and...
Municipal debt with investment grade ratings are generally regarded as a safer form of investment...
In the municipal debt markets, investors have generally gravitated toward their own...
The newly proposed and already underway tax proposition of the Trump administration, also known...
The state of Illinois has its fair share of political dysfunction, a lack of financial oversight...
The debt issuances for many educational institutes have been an integral part of municipal market...
The municipal debt markets are comprised of a wide array of issuers and their respective debt...
Almost every municipal debt investor puts the majority of their faith into the credit rating...
Following the recession and financial downturn for many of the local and state governments,...
Local governments like Detroit, Michigan (2013); Jefferson County, Alabama (2011); Stockton,...
Investing and investment markets are not the forte of many hard-working Americans, let alone...
After some of the well-known bankruptcies of U.S. municipalities including Detroit and Stockton,...
Sir John Templeton once said, “Bull markets are born on pessimism, grow on skepticism, mature on...
The use of tax-exempt municipal debt for the construction of sporting facilities has been a very...
The entire capital market, along with investors, is eagerly waiting, and somewhat predicting, the...
One of the most appealing attributes of municipal securities is their tax-exempt status on the...
The slow and steady electronification of municipal debt trading processes has certainly had a...
The Executive Orders (EOs) signed by President Trump have garnered plenty of national and...
Municipal securities have always been attractive investment vehicles for those looking to benefit...
In the recent election, issues like national security, illegal immigration and “American...
Given the sheer size of municipal debt markets, an investor seeking to strike the right balance...
For the average investor, irrespective of your overall investment portfolio composition, it is...
In the midst of a political transition, the current U.S. administration has showed an inclination...
Many investors considered municipal debt a very safe form of investment, second to only the U.S....
The U.S. municipal bond market reached a new milestone by issuing more than $445 billion in...
The municipal bond markets, along with their investors, are ferociously preparing for the future...
For many investors, portfolio diversification is simply having the presence of municipal...
For fixed-income investors chasing safety, liquidity and comparable returns in today’s...
Municipal debt portfolios containing single-state-specific debt instruments have been an...
Any form of municipal debt with investment grade ratings is regarded as a safer form of...
As fixed income investors brace themselves for a rising interest rate environment, various bond...
In the midst of rising interest rates, projected tax reforms and municipalities seeking...
If as an investor you are reluctant to take part in the intricacies of the stock market and you...
In recent months municipal market volatility caused primarily by interest rate expectations has...
The U.S. water industry is currently faced with some enormous challenges to prepare for the...
After the presidential elections, two main questions have emerged: Can Private Activity Bonds...