Puerto Rico's high-profile distress has been a source of conversation in the municipal space, but a lot has remained unsaid about today s muni bond market...until now. Peter Hayes says it here.
Peter Hayes discusses why keeping a keen eye on duration and credit risk is key.
Municipal bonds fared relatively well in a month marked by broad financial market volatility and investor risk aversion. The BlackRock Municipals Team assesses the backdrop and looks ahead.
Peter Hayes explores key factors that may support munis in a rising rate environment.
Peter Hayes discusses why Puerto Rico's woes are unlikely to prompt broader market turmoil.
Peter Hayes discusses the likely path forward for the commonwealth and the impact of default on the market for Puerto Rican debt.
Puerto Rico's governor stunned the market in late June with the announcement that the island s significant debt was "not payable." BlackRock's Municipals Teams offers an analysis and discusses why Puerto Rico isn't a systemic threat.
Peter Hayes discusses the necessity of pension reform and what events will lead to progress in the space.
Peter Hayes breaks down the key risks facing investors in the muni market today.
Peter Hayes comments on the slim likelihood of changes to the tax treatment of municipal income in the near future.