The Recovery Continues
John V. Miller, CFA
We believe it will be hard to knock the high yield municipal bond market completely off track.
Fixed Income Commentary: Technicals Suppress Near-Term Yields, Fundamentals Boost in the Long Term
Government debt yields from competing developed countries have fallen, making U.S. rates attractive.
Puerto Rico Reaches Limit of its Willingness to Pay
Investors seeing relative safety in Puerto Rico’s GO bonds today may be viewing a mirage.