Lack of action of budget deficit will eventually lead to investor revolt; 'enough is enough'
Well-known PM managing to generate reasonable returns by betting on riskier credits; 'opportunistic approach'
As shown in the chart (above), the yield spread between investment grade AAA and BBB municipal bonds was 214 bps at the end of June.
QE3 not likely to be launched until January — if at all; waiting for the numbers
Boring asset class could be headed for its share of spills and thrills, fund firm warns; no cushion left
Vermont fastest-growing issuer of municipal bonds in U.S.; Irene the trigger
Janus' lesser known bond funds played a big role in a Japanese life insurer's decision to buy a stake in the firm.
Some people are suggesting that municipalities consider bankruptcy as a strategy in fixing financial problems rather than a last resort, but the long term damage to cities walking away from their debt could be serious.
Wall Street bond dealers may be cutting their commitment to trading municipal securities as regulations have increased transparency, according to preliminary findings of an industry-backed study.
