Summary: Munis start 2020 inching richer once again as the market continues to ignore pension risks.
Summary: Assets move around quite a bit in NAsssets move around quite a bit in Novemberovember.
Summary: Munis get richer once again as the market continues to ignore pension risks.
Summary: Munis hold value on the short end and the very long end of the curve.
Summary: Munis begin to show some relative value as yields get pushed around.
Summary: JR compares AAA munis to the S&P dividend yield, UST and corporate bonds.
Summary: High risk in the high yield bond markets has made it difficult to only be in junk bonds.
Summary: JR’s views move more negative for junk bonds and senior loans.
Summary: JR looks at the high yield bond market and says “no” to individual bonds.
Summary: New issue supply holds muni yields up.