Municipals are seeing losses of 1.82% in December, which has dragged down overall gains to just 0.68% for 2024, per the Bloomberg Municipal Index.
Bond issuers are establishing common reserve funds to spur economic growth while also generating income, but risk is involved ...
The U.S. Securities and Exchange Commission charged Silver Point Capital, L.P. with breaches of nonpublic information federal laws with regards to Puerto Rico bonds.