by DRL Group | Apr 24, 2025 | Chasing Yields, Sara
As the current administration continues to impose higher tariffs on countries worldwide, confidence and uncertainty among individual investors, small businesses, and corporations plummet. According to Apollo Global Management’s Chief Economist, Torsten Slok, the...
by DRL Group | Apr 17, 2025 | Market Insights, Sara
We have a video on our website about the MUNI exemption, Are Tax Exemptions Going Away. It is appropriate, based on the news, that a group of Republicans are standing up for the MUNI tax exemption, indicating that the tax exemption must stay. In a letter 7 Republicans...
by DRL Group | Apr 17, 2025 | Market Insights, Sara
US investors are currently grappling with a challenging market environment. The recent fluctuations in both stock and bond markets have led to a decrease in the value of their investment portfolios, causing significant concern. The market lost over $11 trillion (1) in...
by Sara Manning-Bracho | Apr 16, 2025 | Market Insights, Sara
We saw another +20-bps day on 4/9 based on evaluations as MUNIs continued the selloff. The rout drove the 10-year AAA benchmark to 3.80%, which is the highest since at least 2011, according to Bloomberg evaluations. Over the last three trading sessions, rates have...
by Sara Manning-Bracho | Apr 4, 2025 | Market Insights, Sara
The bond market is rallying as central banks are expected to ease monetary policy to mitigate the negative impact of the trade war on economic growth. This does make sense, and we expect this to happen. The market is also telling you this with the sharp decline in...
by Sara Manning-Bracho | Mar 28, 2025 | Market Insights, Sara
As we have been discussing, we are now seeing deals get postponed with the spike in yields. This week, a 1.15B high-yield MUNI bond deal was postponed for a Wisconsin issuer, along with others. I suspect you will see more deals get pulled as should yields continue to...
