Category: Issuers
Breaking: S&P Downgraded All U.S. Public Finance Sectors to “Negative” Outlook
April 1, 2020 – No, it’s not an April Fool’s joke! In what is believed to be an unprecedented rating…
Opinion: How #Coronavirus Could Decimate Muni Credit
February 28, 2020 – Two weeks ago, when BuyMuni highlighted institutional investor concerns about the coronavirus outbreak, the stock market…
As Fear Grips Investors, Muni Players Ponder: Do Dark Clouds Lie Ahead?
February 24, 2020 – The Dow Jones Industrial Average lost 3.56%, or 1,031 points on Monday, while the S&P 500 and Nasdaq fell 3.35% and 3.71%,…
Stocks Plummet. 30Y Tsy at 1.8%. It’s A Very Mixed Outlook for Municipals.
February 24, 2020 – As of this morning, fears of a prolonged #coronavirus outbreak and potential Bernie Sanders’ Presidency tanked…
S&P Downgrades U.S. Ports
February 20, 2020 – In a report issued on February 19, S&P Global Ratings downgraded its U.S. ports outlook from…
PIMCO: Munis Outperformed in January Even As Secondary Activity Was Muted
February 13, 2020 – In its monthly municipal market review published today, PIMCO noted the Bloomberg Barclays Municipal Bond Index…
Bank of America Muni Recap for 2019: It Was A Rather Great Year
January 3, 2020 – In a report issued this morning by BofA Securities (“BAS”), analysts Yingchen Li and Ian Rogow…
Citi Forecasts 1% 10Y MMD. Buyers’ Regret For Issuers Biting Taxable Refunding Apple?
December 17, 2019 – After many years of analysts forecasting higher interest rates, Wall Street firms are taking a contrarian…
Muni Bankers Should Savor Their 2019 Bonus. Lean Years Lie Ahead.
November 26, 2019 – About this time every year, Wall Street bankers begin the process of performance evaluation and bonus…
S&P Cuts Tobacco Bond Ratings
October 25, 2019 – S&P Global Ratings downgraded 67 tobacco bond CUSIPs yesterday, citing weak cigarette sales and declining credit…
