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Posted in Federal Reserve Global Economy Investing Markets Trade

[WSJ] A 10-Year Treasury Yield Below 2% Is Something Almost Nobody Saw Coming

June 20, 2019 – The Wall Street Journal reported today that investors and other experts in the financial industry were…

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Posted in Credit Ratings Investing Issuers Markets Sell-Side Research States

[BAML] Munis Now Cheap to Treasuries. “The Longer the Better”.

In their June 14, 2019 Municipal Weekly report, BAML’s Municipal Research team led by Phillip Fisher offered the following takeaways:…

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Posted in Issuers Markets

[Bloomberg] Muni Market’s $14 Billion Calendar Hints at Year’s Busiest Month

Bloomberg reported that state and local governments are scheduled to issue $14 billion in municipal bonds over the next 30…

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Posted in Economy Markets

[BondBuyer] ADP Report Fuels Rate Cut Clamor

The BondBuyer reported yesterday that a disappointing read from the ADP employment report overshadowed a positive read on the service…