In the evolving landscape of municipal finance, bond insurance has emerged as a compelling choice for both issuers and investors. The first half of 2024 has demonstrated a notable resurgence in bond insurance utilization, signified by a robust 19.5% increase in the amount of debt secured by bond insurance, rising from $15.561 billion in the
Bonds
The landscape of the municipal bond market continues to evolve, with recent trends showing both stability and fluctuations influenced by external economic conditions. A closer look at the data reveals a consistent performance within the municipal sector, juxtaposed against a backdrop of slight weaknesses observed in U.S. Treasury yields and mixed equity market reactions. On
The municipal bond market is displaying some intriguing shifts as the U.S. economy languishes in a mixed performance between Treasury yields and equity performances. Despite an overall steady trend in municipal bonds, recent fluctuations raise significant questions and opportunities for investors navigatingこの space. On a recent Monday, municipal bonds showed minimal change even though U.S.
As the municipal bond market navigates the final stretch of the year, it faces increased selling pressure while still managing to outperform U.S. Treasuries (USTs). This phenomenon is particularly noteworthy as it highlights the relative strength of municipal bonds in the current economic landscape. Despite an overall decrease in returns pushing the market into negative
Brightline West, an ambitious initiative to establish a high-speed electric train service between Las Vegas and Southern California, is embarking on a significant financial endeavor with the planned issuance of $2.5 billion in unrated private activity bonds (PABs). This is a pivotal move for a project estimated at a staggering $12.4 billion, highlighting the momentum
The recent trends in the municipal bond market indicate a complex interplay of demand, yield changes, and market sentiment. With the upsizing of major transactions, like the Triborough Bridge and Tunnel Authority’s $1.6 billion bond issuance, the municipal segment has demonstrated resilience and a slight firming in pricing, suggesting a careful recalibration of investor perspectives
The landscape of public infrastructure in the United States appears to be a complex mix of optimism tinged with uncertainty as stakeholders brace for a year filled with potential developments and policy shifts. Despite the challenges looming over financing strategies, many municipal market players remain hopeful for a wave of upcoming infrastructure projects. This article
The municipal bond market has demonstrated an impressive resilience against the backdrop of fluctuating U.S. Treasury yields and subdued stock market performance. Yet, the intricacies within this sector call for a closer examination of current trends, mechanisms driving demand, and potential challenges on the horizon. On a recent Tuesday’s trading session, the municipal bond market
The New York Metropolitan Transportation Authority (MTA) is embarking on a notable financial initiative that could reshape how it raises capital for its operations. This article delves into the implications of the MTA’s decision to issue bonds backed by its real estate transfer tax, often referred to as the “mansion tax.” By analyzing the unique
As the new year unfolds, the municipal bond market has demonstrated a surprising resilience, particularly as municipal bond mutual funds have shifted back to inflows following a rough patch of outflows. In the first full reporting week of 2025, investors injected $842.4 million into these funds, signaling renewed interest after experiencing a total an outflow