A new study asks how well the fast-growing alternative investment vehicles perform based on equity and debt benchmarks.
The growth of the strategy, helmed by multi-decade industry veteran and “king” of high-yield muni bonds, reflects a market-wide hunger.
Two of the biggest players in the $4T space offered contrasting views on what the summer will bring for investors.
Measures from the federal regulator are likely to shift the balance of market demand toward less risky assets.
The ratings agency sees a potential reckoning as “realities of higher interest rates” erode credit quality and create performance challenges.
It's easy to ridicule the central bank and predict a policy mistake, but history has taught us that doubting its strategy rarely ends well.
The script has flipped in fixed income as figures show ETFs lagging mutual fund flows, with the bulk going to active bond funds.
Policymakers at the US central bank raise fresh concerns around price pressures.
Investors’ doused sentiment around rate cuts leaks into market for munis, which posted their worst record since September.
The firm adds three portfolio management professionals to its asset management arm as it seeks opportunities in the muni bond market.
Several Treasury auctions this week will signal whether 5% is the peak.
Despite negative sentiment, some investors are seeing potential.
Pimco and others are weighing the prospects of the Fed standing firm.
'If you think taxes are going up, munis and the muni exemption are a great place to be," Nuveen's head of municipals says.
'With 10-year Treasury yields near multiyear highs, now is a good time to be a bond investor,' an advisor says.
Traders pushed back when they foresee the Fed cutting rates after a stronger-than-expected March payrolls report.
US jobs report due Friday is a key focus for the market.
This week's jobs data could confirm expectations that Fed rate cuts will be scaled back.
Report from CBI says most are not aligned with global climate goals.
With tax and rate hikes on the horizon, a surge in high-earning American households sets up robust demand for munis.
