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There's typically not a whole lot of municipal bond issuance in December, but the tax bill debate has changed that this year. There's been $43B of paper issued through the first half of the month -...
His initial impression - that the tax bill would eliminate 20%-33% of the muni market - now looks conservative upon further inspection, writes Joe Mysack at Bloomberg."To appreciate the enormity of...
While the newly-passed budget doesn't address much in way of the long-term, the risk of a liquidity crisis has passed, says S&P, removing Illinois' general obligation debt from Watch Negative.A...
"I have done everything I can do to resolve the state's budget crisis," says Christine Radogno. "If the solution will not come on my watch, I hope and pray that the governor, other legislative...
S&P downgrades the credit rating on Illinois' general obligation debt to BBB- from BBB. It's the third downgrade from S&P in the past year, and puts the state's credit just one notch above...
Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund (NYSEMKT:NVG) - $0.0760.Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) - $0.0695.Nuveen Enhanced Municipal Value Fund (NYSE:NEV)...
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