Category: Uncategorized

Muni Investors Looking Good in Vallejo, CA

Vallejo, California, the biggest U.S. city in bankruptcy, won court permission to send its exit plan to creditors, its municipal bondholders for a vote after retired workers dropped their objections….

New Tool For Municipal Bonds Could Shock Investors

Investors in Municipal Bonds have a powerful new tool in their portfolio analysis arsenal. BondView, LLC, a leading provider of Municipal bond portfolio analysis and market data, has launched the…

BondView Announces Interest Rate Stress Test For Municipal Bonds

The threat of rising interest rates is not welcome news for municipal bond investors. As the economy comes out of recession, the threat of inflation may result in interest rate…

Chicago Federal Reserve Says Dont Worry About Muni Defaults

There is good news and bad news from the Chicago Federal Reserve which said that 2011 will be a tough year in local government finance. Minimal growth or outright declines…

New SEC Rules Makes It Harder For Muni Bond Issuers To Hide Bad News

On Dec 2010, the Securities Exchange Commission put into effect Rule 15c2-12 which prohibits dealers from underwriting most muni bond deals unless the issuers have contractually agreed to disclose annual…

A Tale of Two Sectors: BABs and Everyone Else, (4/1/11)

Peter Demirali is a portfolio manager and heads Cumberland’s taxable fixed income area and is a long time veteran of taxable fixed income markets. He is a member of Cumberland…

Japan To Kick Out Ratings Agencies

Japan’s has begun   severing  the global vice  grip of  the 3 major  credit raters. Make no mistake,  the  “Keystone Cops” ( Moodys, S&P and Fitch)  once  powerful influence over nations,…

Moodys, et.al. Goes On Strike

The FINREG bill signed into law this week is already creating economic casualties and a complete standstill for new bond issuance.

Bond Early Warning System Needed for Monitoring Defaults

How can investment advisors monitor the 1.5 million cusips from 60,000 different issuers if most bonds ratings are stale or are not rated at all? We need an Bond early…

Andrew Ross Sorkin, from NY Times Discusses Ratings Meltdown on Brian Lehrer show (WNYC)

Here is a good interview with our favorite radio host, Brain Lehrer from WNYC and Andrew Ross Sorkin, columnist and financial reporter for The New York Times as they discuss…