Municipal Bond News
Market News Commentary - From The Desk of David Loesch 08.06.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on August 6th, 2020
- Franklin Templeton started a fund focused on investing in "green-backed muni bonds." These are bonds that concentrate on climate sustainability and which positivity impact the environment. The fund will spend at least 80% of its net assets in MUNI green bonds from issuers.
- Benchmark State yields as of 8/4 10-year: CA .67. FL .67, IL 2.80, NY .88.
Market News Commentary - From The Desk of David Loesch 08/06/2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on August 6th, 2020
- Franklin Templeton started a fund focused on investing in "green-backed muni bonds." These are bonds that concentrate on climate sustainability and which positivity impact the environment. The fund will spend at least 80% of its net assets in MUNI green bonds from issuers.
- Benchmark State yields as of 8/4 10-year: CA .67. FL .67, IL 2.80, NY .88.
Market News Commentary - From The Desk of David Loesch 07.30.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on July 30th, 2020
- It goes to show you how quickly things can change in our business - a day after Republicans released the $1T plan that provided no new aid for governments to combat budget shortfalls, analysts are confident that a portion of the money will go towards states and cities. Republican lawmakers said Monday that this would not happen, however many in the street believe that it will, alon
Market News Commentary - From The Desk of David Loesch 07.23.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on July 22nd, 2020
- DFW will issue $463MM bonds this week and $1.1B of taxable securities the week of 7/27 to refinance debt. This financing comes on top of the $392MM bonds it issued last week.
Market News Commentary - From The Desk of David Loesch 07.16.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on July 16th, 2020
- With the recent business closures racing through America, sales tax collections have tumbled 21%. Bonds issued based on sales tax collections have typically been very safe due to the promise and ability to collect tax revenue.
..Market News Commentary - From The Desk of David Loesch 07.09.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on July 9th, 2020
- Rates have fallen so low that America's states and cities are embracing a refinancing boom that seemed to disappear after Trump was elected, and for the first half of this year. Barclays boosted its forecast for taxable municipal bond sales this year to as much as $115B up from $90B. Taxable Muni's have jumped +380% this year as compared to last.
Market News Commentary - From The Desk of David Loesch 07.02.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on July 2nd, 2020
- Fund flows continue to be healthy, investors added $2.61B to MUNI bonds funds the week ending 6/24.
Market News Commentary - From The Desk of David Loesch 06/25/2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on June 24th, 2020
Market News Commentary - From The Desk of David Loesch 06.18.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on June 18th, 2020
Market News Commentary - From The Desk of David Loesch 06.11.2020
Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on June 11th, 2020
