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.
Dividends typically pay twice as much as Uncle Sam's paper; P/E ratio on some blue chips as low as 11-to-1
Will provide research on roughly 1 million municipal bonds; San Bernardino latest issuer to go bust
Justice Department claims trio masterminded price-fixing scheme that defrauded issuers, taxpayers
Apparently, the recent municipal bankruptcies in California, along with fiscal fires in other states, don't seem to be cowing investors, who continue to stampede into muni bond mutual funds.
Questioning whether the city adequately disclosed financial information when it raised money from investors
The general movement out of equity mutual funds and into bond funds continued in June, according to the Direct Fund Flows report from Morningstar Inc.
