Eric Mason, the CFO of his hometown of Quincy, Massachusetts, has launched an unprecedented form of public debt issuance in the U.S. that combines “the old with the new.” ...
Altadena public library bonds traded lower and L.A. power and water bonds suffered a credit ratings downgrade, signs the municipal market is growing concerned about the Los Angeles wildfires.
Buy signals only exist if resistance breaks higher ... Updated AI-Generated Signals for Pimco Intermediate Municipal Bond Active Exchange-traded Fund (MUNI) available here: MUNI.
(Bloomberg) -- There’s a truism in municipal debt: Bonds rarely move on natural disasters. That long-tested concept had held up until fires destroyed thousands of properties in Los Angeles last week.