Municipal Bonds News
-
California’s swelling budget deficit is proving no match for investors desperate to boost returns with municipal interest rates close to 45-year lows.
-
New Jersey missing its revenue target in April is a “credit negative” and may force the state to dip into its reserves or use one-time fixes to bridge the gap, Moody’s Investors Service said.
-
Stephen Stanley, chief economist at Pierpont Securities LLC, has derided the Federal Reserve for downplaying improvement in the U.S. economy. Yet his 2.6 percent forecast for growth this year is below the midpoint in the central bank’s projection of 2.4 percent to 2.9 percent.
-
Bond traders are cutting expectations for U.S. inflation by the most since December, providing Federal Reserve Chairman Ben S. Bernanke the scope for additional stimulus as the central bank’s current effort winds down.
Rate this Page