Latest News on Municipal Bonds

Top 5 Highest Yielding Zacks #1 Ranked Municipal Bond Mutual Funds
Zacks.com
Interest income exempt from federal income tax is among the many distinct advantages that municipal bonds offer to investors. They also ... By holding a well-diversified portfolio of such securities, mutual funds significantly lower the associated ...

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Subprime auto lender CarFinance prices its first rated ABS
Reuters
U.S. corporate bond price quotations... U.S. credit default swap column........ U.S. credit default swap news.......... European corporate bond market report.. European corporate bond market report.. Credit default swap guide.............. Fixed income ...

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Moody's Defied as Local Bond Risk Falls to 2010 Low: Muni Credit
Bloomberg
It cost the annual equivalent of as little as $133,000 this month to protect $10 million of local bonds for 10 years through credit-default swaps, according to Markit Group Ltd. data compiled by Bloomberg. That's the cheapest since April 2010. The ...

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Suntech Has $541 Million Confirmed Debt Claims, Government Says
Bloomberg
Suntech, once the top solar-panel manufacturer, may become the largest renewable-energy insolvency after its main manufacturing unit was pulled into bankruptcy by Chinese banks on March 20 following a default on a $541 million bond repayment. The ...

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A Hot New Income Play
Investment U
However, it's important to remember that if you buy a bond at par ($1,000) and interest rates go up, the drop in the market value of your bond (assuming there is no default down the road) is merely temporary. You can ride out a rising interest rate ...

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Risk.net
Swaps push-out: Banks hoping for Fed fix
Risk.net
But the rule also provides an exemption for hedges and for market-making in certain products and asset classes – banks can continue trading cleared credit default swaps (CDSs), as well as interest rate, foreign exchange, gold and silver over-the ...

Google News

Financial News
5 offbeat ways to generate market-beating yields
MSN Money
Municipal bonds, or "munis," are bonds issued by state and local governments to fund highways, hospitals and other public projects. What makes ... During the credit crisis, junk bond default rates peaked at 12.9% but have since come down dramatically.
Nervous About High Yield Bonds? You Don't Have to Be.Investorplace.com
Duration Risk is a Key Concern of Bond Investors as Credit and Spread Levels ...Wall Street Journal (press release)

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Treasury Takes Debt Limit Actions - Huffington Post
Huffington Post
The steps were part of extraordinary actions Treasury said last Friday it was willing to take to help avoid a default. Lew said then that the measures taken together would free up about ... The Treasury on Friday suspended sales of State and Local ...

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Fitch Rates Alaska Municipal Bond Bank's $35MM GOs 'AA+'; Outlook Stable
MarketWatch (press release)
STATE ANNUAL APPROPRIATION: The State of Alaska includes as part of its annual debt service appropriation in its operating budget an appropriation for reserve fund replenishment in the event of a draw related to default by a participating municipality ...

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Bond links: Bankruptcy in the cards for Detroit
MarketWatch
Crain's Detroit Business : Holders of Detroit municipal bonds are viewing Emergency Manager Kevyn Orr's financial report as a clear indicator that default or bankruptcy is on the table. Russ Koesterich: Four reasons to still hold junk bonds in your ...

Financial News
5 Offbeat Ways To Generate Market-Beating Yields
StreetAuthority
According to ratings service Moody's, default rates on junk bonds fell below 3% in the fourth quarter of 2012. The safest way to invest is with a junk bond fund. Like the muni bond funds discussed above, these funds offer diversification across ...
Most Popular StoriesThe Herald | HeraldOnline.com

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Financial News
5 Offbeat Ways To Generate Market-Beating Yields - NASDAQ.com
NASDAQ
According to ratings service Moody's, default rates on junk bonds fell below 3% in the fourth quarter of 2012. The safest way to invest is with a junk bond fund. Like the muni bond funds discussed above, these funds offer diversification across ...
Most Popular StoriesThe Herald | HeraldOnline.com

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Detroit Bankruptcy Decision Depends On Next 6 Weeks As Kevyn Orr Deals With ...
Huffington Post
Bond insurance firms often are among the first to be approached, since they must reimburse bond holders in the event of a default or bankruptcy by the city. James Spiotto, a municipal bankruptcy expert at law firm Chapman and Cutler, said bond insurers ...

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RPT-For Detroit in crisis, next six weeks determine bankruptcy fate
Reuters
BOND INSURERS ARE KEY. Bond insurance firms often are among the first to be approached, since they must reimburse bond holders in the event of a default or bankruptcy by the city. James Spiotto, a municipal bankruptcy expert at law firm Chapman and ...

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Yip: Don't swing for the fences when investing in municipal bonds
Dallas Morning News
When you're evaluating a municipal bond, your key question is whether the municipality will be able to make its bond payments and not default. “One way to evaluate an issuer's default risk is to assess its financial condition,” FINRA said. When a muni ...

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Don't swing for the fences when investing in municipal bonds
Dallas Morning News
When you're evaluating a municipal bond, your key question is whether the municipality will be able to make its bond payments and not default. “One way to evaluate an issuer's default risk is to assess its financial condition,” FINRA said. When a muni ...

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For Detroit in crisis, next six weeks determine bankruptcy fate
Chicago Tribune
Bond insurance firms often are among the first to be approached, since they must reimburse bond holders in the event of a default or bankruptcy by the city. James Spiotto, a municipal bankruptcy expert at law firm Chapman and Cutler, said bond insurers ...

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For Detroit in crisis, next six weeks determine bankruptcy fate
Reuters
BOND INSURERS ARE KEY. Bond insurance firms often are among the first to be approached, since they must reimburse bond holders in the event of a default or bankruptcy by the city. James Spiotto, a municipal bankruptcy expert at law firm Chapman and ...

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Economic Times
Extraordinary measures become standard as debt limit hit again
The Hill (blog)
State and local governments buy the securities as they work to refund municipal bond deals. Issuing those securities takes up space under the debt limit. The Treasury also has the ... Congress that the debt limit would again be in an issue in a letter ...
Treasury Prepares to Take Measures to Avoid Default - CNBC.comCNBC.com
Treasury gears up to buy time under reimposed debt capReuters
US Treasury To Free Up $260 Bln To Avoid Debt CapThe Albany Herald

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Politico
Treasury Prepares to Take Measures to Avoid Default - CNBC.com
CNBC.com
The Treasury took the first step this week, suspending sales of special securities that state and local governments use to temporarily invest proceeds from sales of municipal bonds. The department said that measure and three others it outlined Friday ...
Treasury gears up to buy time under reimposed debt capReuters
US Treasury To Free Up $260 Bln To Avoid Debt CapThe Albany Herald

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