Investors are pouring money back into municipal bonds as higher yields and the approaching summer reinvestment season draw cash into the tax-exempt market.
United Airlines Holding Inc. is returning to the municipal bond market with a junk-rated $256 million sale, after last year’s volatility forced it to postpone the deal.
Investors are piling into municipal bonds at the fastest rate in five years, drawn by attractive yields and the promise of a safe harbor from recent market volatility.
Jay Leno’s latest hosting gig involves a classic car, an airport construction site and municipal bonds.
Nashville’s airport authority plans to sell $1.3 billion of debt in January to meet unprecedented growth — an offering that also bodes well for the broader market to see large deals next year.
Municipal bond exchange-traded funds drew more than double the amount of cash this year compared to traditional mutual funds focused on the asset class, highlighting the growing popularity of ETFs as an investment vehicle in the space.
Private credit firms are seeing an opportunity to finance everything from public transit systems to local utilities as the federal government and banks pull back on funding.
When it comes to commercial real estate, a lot of attention is obviously paid to offices. But it's not the only sector facing strains.