Unique Tokens

“Losing tax-exempt bonds would devastate American communities and set economic development efforts back decades,” said Toby Rittner, president and CEO of the Council of Development Finance Agencies. ”Communities use bonds to finance their built environment, infrastructure, schools and future growth needs. The housing industry uses bonds for affordable, senior and workforce housing. There are no alternatives

<img src=”https://public.flourish.studio/visualisation/21601827/thumbnail” width=”100%” alt=”chart visualization” /> Municipals sold off Wednesday, moving higher in sympathy with U.S. Treasuries after hotter-than-expected inflation data showed the Fed may not be able to cut rates this year. Equities ended mixed. Muni yields were cut six to 12 basis points Wednesday, depending on the curve, while UST yields rose eight

“There’s still much work to be done, but we are starting on the right path,” House Speaker Mike Johnson, R-La., said about a budget resolution that outlines topline numbers for a massive tax bill.Bloomberg News The House released its long-awaited budget resolution Wednesday, a key step toward crafting a massive tax package that’s being closely

Puerto Rico Oversight Board Executive Director Robert Mujica suggested non-settling bondholders might be offered recoveries of about 4% of the principal due.Darren McGee Office of New York Gov. Kathy Hochul The Puerto Rico Oversight Board is saying it will not improve its offer to creditors of the Puerto Rico Electric Power Authority. The board will

The growth of ETFs in the municipal bond space promotes secondary market liquidity, said Patrick Luby, head of municipals and senior municipal strategist, CreditSights. CreditSights BlackRock converted its high-yield municipal bond mutual fund into an actively-managed high-yield exchange-traded fund this week as ETFs continue to grow in popularity in the muni market. There are now 114 municipal

<img src=”https://public.flourish.studio/visualisation/21560546/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Monday as U.S. Treasuries were narrowly mixed and equities ended up. Munis continued their January rally heading into the first week of the month as the asset class saw gains of 0.43%, bringing year-to-date gains to 0.94%, said Jason Wong, vice president of municipals at AmeriVet

Bloomberg News Hilltop Securities and some other firms that settled with the Securities and Exchange Commission as part of its off-channel communications enforcement sweep have sent the regulator a message of their own: unequal treatment isn’t fair.  That was the central theme of briefs in support of 10 separate Jan. 30 motions filed with the