by DRL Group | Jun 12, 2025 | Market Insights
As we reported on June 10, Blackrock indicated that it is time to buy MUNI bonds, as supply is ample and prices are favorable ahead of the summer. We have seen several challenges in the market, including higher rates, tariff concerns, deficit worries, and a hawkish...
by DRL Group | Jun 5, 2025 | Market Insights
The Governor of Illinois reported plans to sign a $55.1 billion budget for 2026, which generates revenue from higher taxes on smokers, gamblers, and large multi-state businesses while pulling delinquent taxes into state coffers through a six-week amnesty program. This...
by DRL Group | May 30, 2025 | Market Insights
The NYC congestion toll pricing raised $215.7 million in the program’s first four months. Since January 5, most motorists have to pay $9 during peak hours to enter south of 60th Street in Manhattan. These collections are close to the budget estimates of $217...
by DRL Group | May 23, 2025 | Market Insights, Video
Duration: 2:31 Transcript: As we know, Moody’s downgraded the treasury markets this week. What does that really mean for you? If you hold municipal bonds, it might mean something significant. It might not. It depends on what type of municipal bonds and the...
by DRL Group | May 22, 2025 | Market Insights
As we saw on May 21, long-term borrowing costs for all major economies are surging as investors question the government’s ability to cover massive budget deficits. The 30-year bond yields in the US and Japan reached multi-year highs. This is a direct result of...
by DRL Group | May 15, 2025 | Market Insights
Maryland’s credit rating was downgraded one level to Aa1 from Aaa by Moodys. This downgrade was a direct result of its exposure to shifting federal policies, according to a May 14 report. The state’s overall financial performance has lagged behind that of...
