by DRL Group | Jan 23, 2026 | Market Insights
The feud between President Trump and Powell continued yesterday in Davos. Trump indicated Powell would not “enjoy” his tenure if he stayed on the FED Board after his term as chair expires. We all know Trump wants to replace Powell and is pressing for lower rates. We...
by DRL Group | Jan 15, 2026 | Market Insights
Fund flows: Investors added $1.25 billion from municipal bond mutual funds in the week ended Jan. 7, 2026, according to the Investment Company Institute. The prior week saw $407 million in inflow. This is a clear indication of SMA’s buying of paper within the markets....
by DRL Group | Jan 8, 2026 | Market Insights
American public schools went on a borrowing binge in 2025, marking the sector’s biggest year for municipal debt sales in over a decade as dipping enrollment and elevated inflation strain districts’ budgets. School systems around the US issued about $82 billion in muni...
by DRL Group | Dec 19, 2025 | Market Insights
Investors continue to add funds to MUNI bond funds; last week, 260MM was added from retail investors. The prior week saw a 262MM inflow, indicating that retail investors have been seeking tax-exempt paper over the past few months. The overall calendar continues to...
by DRL Group | Dec 12, 2025 | Market Insights
We have continued to report on fund flows – investors added 253MM to MUNI funds in the week ended 12/3/25, the previous week saw 217MM inflow, according to the Investment Company Institute. Overall, we see investors seeking yield amid the anticipation that rates...
by DRL Group | Nov 20, 2025 | Market Insights
We have been discussing higher education as well as health care for quite a while. The Trump administration said it will transfer some of the Education Department’s most extensive grant programs and major portions of several offices to other federal agencies,...