The bond insurance market is experiencing a remarkable renaissance, evidenced by a significant uptick in both issuance and demand in the first half of 2024. Issuers are increasingly turning to bond insurance as a risk mitigation tool, which has stimulated interest from both retail and institutional investors. According to data from LSEG, the volume of
Bonds
On Monday, municipal bond markets exhibited relative stability amidst a backdrop of slightly softer U.S. Treasury yields and a mixed performance in equity markets. This situation suggests a cautious sentiment among investors as they navigate the complexities of current economic indicators and Federal Reserve policies. Municipal bonds have historically been viewed as a safe haven,
The municipal bond market has recently exhibited a resilient performance despite the shifts in the broader economic landscape. With U.S. Treasury yields inching lower and equity markets displaying mixed results, the municipal bonds have managed to maintain their footing. This article delves into the current state of municipal bonds and examines key trends, implications of
As the year draws to a close, the municipal bond market is experiencing notable fluctuations, shaped by a combination of selling pressures and investor sentiment. Recent trends indicate that municipal securities, despite facing some headwinds, are poised to perform better than their U.S. Treasury counterparts. As of last Friday, the pressure exerted on municipals led
The anticipation surrounding Brightline West’s planned high-speed electric train system highlights a significant evolution in transportation infrastructure within the United States. This project, set to connect Las Vegas and Southern California, is not simply another transportation initiative; it stands as a paradigm shift towards an era where sustainable and efficient travel is prioritized. With the
The municipal bond market has recently shown signs of resilience, even as external economic pressures exert their influence. With a notable upsizing of the Triborough Bridge and Tunnel Authority deal to $1.6 billion, the market has reacted positively. This shift comes in the context of increasing outflows from municipal mutual funds and a broader decline
As we approach the upcoming year, the public infrastructure market finds itself at a crossroads, marked by both promising developments and looming uncertainties. This intricate scenario largely stems from the political shifts anticipated in Washington, particularly regarding legislative priorities and budget allocations. The uncertainty surrounding the future of the Infrastructure Investment and Jobs Act (IIJA)
As 2025 approaches, the municipal bond market finds itself navigating through a landscape of uncertainty and opportunity. Recent patterns reveal a mixed performance for municipal bonds on Tuesday, with a noticeable outperformance compared to U.S. Treasuries. This juxtaposition is indicative of the unique factors influencing the municipal sector, setting it apart from traditional government debt
The New York Metropolitan Transportation Authority (MTA) is poised to make a significant financial move by issuing its inaugural bonds backed by the real estate transfer tax, commonly referred to as the “mansion tax.” This unique tax applies to the higher echelons of real estate transactions—those exceeding $2 million—predominantly in New York City. As the
As we enter 2025, the municipal bond market shows a resilient nature, with significant shifts emerging from the previous year’s trends. Recent reports indicate a stabilization in the pricing of municipal bonds with slight fluctuations noted predominantly at the short end of the maturity curve. This period of steadiness comes on the tail of a