The Municipal Securities Rulemaking Board has yanked all six of its proposed rules covering municipal advisers today, triggered by worries about the Securities and Exchange Commission's proposed definition of a municipal adviser.
The catastrophe bond market appears set to rebound during the second half this year despite a slower pace during the first half
Historians say actual record was set in 1945
S&P assigned AA+ scores to about 11,500 securities in the $2.9 trillion municipal bond market, including school-construction bonds in Irving, Texas; debt backed by a federal lease in Miami; and a bond series for multifamily housing in Oceanside, Calif.
Concerns over a possible default by Uncle Sam rippling the lakes of state issuers; five top-rated borrowers braced for possible downgrade
Term premium at an all-time high, but investor confidence in economy at rock bottom; 'fear priced into yields'
Despite need to raise federal tax revenues, bank believes lawmakers will spare municipal debt
Term premium for ten-year notes off the charts; 'usual rules of valuation are just not applying'
Is it time to move back into equities? Insiders are buying for the first time since March 2009, said Blackstone Group's Byron Wien, who predicted on Jan. 3 that 10-year Treasury yields and economic growth will approach 5% this year--usually a good sign.
AAA corporate issuers forced to pay higher rates than downgraded U.S. government; Treasuries still 'risk-free benchmark'
Sees relative yields widening in due time; 'something looks broken' in corporate debt market
While institutions have been moving money out of riskier assets and into safe havens — including, remarkably, Treasuries — retail investors have been bailing out of U.S. government debt.
With stocks plunging, investors rush to buy government paper, driving prices up and yields below 2% for the first time ever
Moody's Investors Service has placed 177 top-rated municipal bond issuers with a combined $69 billion of debt on review for possible downgrade.
The bicameral, bipartisan 12-person supercommittee must consider changes both to taxes and entitlements to make fundamental changes in the deficit trajectory. But will members be willing to break with party orthodoxy?
Company debt from the U.S. to Europe to Asia returned 1.8% last month on average, erasing a 0.65% loss in June, and the most since a 2.14% gain in August 2010.
After months spent criticizing puny interest rates on government paper, Pimco Total Return Fund boss boosts Treasury holdings
Bill Gross, Jim Rogers, other bigs dump government paper as inflation looms; 'cannot conceive of lending money to the U.S. government for 30 years.'
Credit ratings agency follows its downgrade of US long-term sovereign credit rating with a host of additional downgrades.