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21 Mar 2019
The latest round of economic data revealed a mixed bag of news regarding the overall direction of the U.S. economy, but a lack of new issue volume and declining yields continue to present a favorable backdrop for issuers. Also, two congressional representatives are leading an effort to restore tax-exempt advance refundings.
7 Mar 2019
Joel Sutter, CIPMA
Yields on municipal bonds have been relatively steady over the past two weeks, as investor demand for munis remains strong. Will The Fed increase rates this month?
21 Feb 2019
The US economy continues to grow, but at a slower rate and persistently shows signs of weakening. At the same time, many state and local governments are struggling with rising rates of homelessness, recidivism, and mental health issues, challenging them to form adequate responses (especially preventive) given limited public resources.
31 Jan 2019
Stocks recover. Government Reopens. Fed-watching continues.