As the economy recovers from the COVID pandemic, pension issues should remain central for municipal bond investors, because state and local governments’ fiscal policy decisions could have long-term implications. This paper explores the pension risk implications of some of the actions governments may take in response to revenue declines.
The first bear market in U.S. stocks in more than a decade is almost certain to cast a long shadow over U.S. public pension funds.
Frequently Asked Questions — COVID-19 cases are leading to a wave of questions about the fundamental credit quality of U.S. municipal bond issuers.
Techniques for identifying a significant credit risk
Why guaranteed bonds may be the right balance of income and risk for your portfolio
Green bonds can attract new investors and establish your municipality as environmentally responsible. Here’s what you need to know about the green bond market.
The case for granular analysis