Category: Markets
Morgan Stanley: Weaker Returns Likely For Municipal Bonds.
January 21, 2020 – In a research report issued today, Morgan Stanley opined that rich valuations for municipal bonds are…
Citi: Muni Fund Flows and Issuance Exhibit Strong Start In the First Full Week of 2020
January 14, 2020 – Municipal bond funds reported inflows of $2.9 billion for the week ending January 8, according to…
BofA Tops NY League Table. Wells Fargo Shut Out – Head of Public Finance Seconded To Bill Daley’s Government Affairs “A-Team”
December 23, 2019 – Based on Thomson Reuters data released this morning, BofA Securities retained its traditional lead atop the…
GS/MS: Yesterday’s Fed Cut May Be Final Cut For A While
October 31, 2019 – Two major dealers – Goldman Sachs and Morgan Stanley – issued reports concluding yesterday’s FOMC 25bp…
Morgan Stanley: Many Brexit Scenarios, But “No-Deal” Now Increasingly Remote
October 29, 2019 – In a report issued today, Morgan Stanley noted that the United Kingdom’s Conservative Party leads the…
PIMCO: Recession Not Imminent, But Cautious In Outlook
August 28, 2019 – In a report issued this week, PIMCO’s Dan Ivascyn and Esteban Burbano discussed the current U.S….
Nuveen: Treasury Yields Mixed Due To Global Trade and the Fed
Highlights from Nuveen’s weekly 2019 Aug 26 fixed income commentary: Municipals were unchanged even as long duration-Treasuries improved (lower yield)…
[Op-Ed] Something Fishy Is Brewing in Illinois. Smells Like Bacalao.
This is not an op-ed about the state of Illinois’ credit. As a progressive, I am holding out for the…
El-Erian: U.S. Federal Reserve Should Not Deliver a Big Rate Cut
July 19, 2019 – In an Op-Ed posted on Bloomberg today, former CEO of PIMCO Mohamed El-Erian expressed concerns on…
Nuveen: Expect A Tougher Climb
June 24, 2019 – Nuveen has issued its 2019 Midyear Update covering several asset classes including equities, taxable fixed income,…
