Summary: VanEck makes changes resulting in a change in its Rieger Report ranking to #1.
Summary: JR Rieger of The Rieger Report shares insights on how municipal bonds are being impacted by the Federal Reserve’s interest rate trajectory, refunding issues and recessionary risks. He also gives his outlook for the muni market in 2020 and 2021.
Date of production: September, 2019
Summary: JR looks for muni opportunities in an extraordinarily low yield market.
Date of production: July 20, 2019
Summary: Munis get cheaper relative to UST and corporate bonds, move to 104% of UST on long end.
Summary: Munis shift cheaper but not as much as UST treasury and US corporate bonds.
Summary: JR reports that the municipal bond market absorbed an increase in new issue supply as the demand supply imbalance plays an important role in the municipal bond market.
Summary: JR analyses the impact of new issue supply is impacting the longer end of the municipal yield curve and notes the short end is still relatively rich when compared to other asset classes.
Summary: A summer slowdown is seen in the municipal bond market as yields remain range bound.
Summary: JR calculates taxable equivalent yields of high-grade municipal bond proxies and relates them to the US corporate bond market.
Summary: At the mid-year mark, JR discusses what he likes and doesn’t like about the municipal bond market v. the U.S. Treasury bond and corporate bond markets.