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…
Despite Coronavirus Concerns, Morgan Stanley Is Bullish On Airport Credit
February 12, 2020 – Despite market fears that the current #coronavirus crisis might precipitate a global slowdown, Morgan Stanley issued…
NYC Tax Commission Shined Light On Glaring Inequities in Property Tax System
January 31, 2020 – The New York City Advisory Commission on Property Tax Reform (“Tax Commission”) issued a landmark report…
Moody’s: SCOTUS Refusal to Review Puerto Rico HTA Decision is Credit Negative For Utilities and Special Revenue Bonds
January 22, 2020 – In a report released today, Moody’s summarized the U.S. Supreme Court’s (“SCOTUS”) decision not to review…
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…
Tax Flight Is Real: TX and FL Gain. NY, CA and NJ Lost Residents.
January 6, 2020 – In a report authored by Bank of America Securities analyst Ian Rogow, 2017-2018 migration data issued…
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…
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…
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…
