The municipal bond market has been experiencing steady trading in the secondary market, with a strong emphasis on heavy new issuance. While U.S. Treasury yields fell and equities experienced an upward trend, the primary market was particularly active, highlighted by substantial deals and repricings. This article aims to delve into the current landscape of municipal
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Boeing CEO Dave Calhoun is set to testify before a Senate panel regarding the company’s safety and manufacturing crises following an incident where a door panel blew out of a nearly new 737 Max 9 jet in January. This testimony comes as Boeing continues to address employee training, aircraft quality, and its tarnished safety reputation.
In a move to further enhance market transparency, the Municipal Securities Rulemaking Board (MSRB) recently announced the addition of the Tradeweb AAA Municipal Curve to its Electronic Municipal Market Access (EMMA) website. This addition marks a significant step in the board’s ongoing efforts to consolidate data on EMMA, offering investors access to crucial market indicators
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Selecting the right dividend-paying stocks can be a daunting task for any investor. However, Wall Street’s best analysts provide valuable insights into companies’ ability to provide attractive dividend yield and long-term upside. Kimberly-Clark (KMB) is a consumer products giant that stands out as this week’s first dividend pick. Known for popular brands like Huggies and
The recent resurgence of GameStop in the stock market spotlight has brought about renewed criticism from investment legend Warren Buffett. During the first GameStop mania in 2021, Buffett denounced the speculative behavior that seemed to engulf retail investors. He likened the stock market to a gambling parlor, fueled by the encouragement of investment banks and
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The municipal market has been experiencing firmness ahead of an expected uptick in issuance next week. This comes as U.S. Treasury yields have seen a slight decline and equities have ended on a mixed note. Barclays strategists Mikhail Foux and Clare Pickering have pointed out that the rally in USTs has been supported by softer
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