Tag Archives: muni bond market

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Here’s why muni-bond demand could get a lift from bank legislation

Author: , Post Date: March 9, 2018
Cumberland Advisors John Mousseau

Excerpts below: As municipal bondholders continue their struggle to make sense of last year’s tax legislation, Congress is set to knock down one argument against participating in the $3.8 trillion market. Investors are expecting the Senate to pass a bipartisan bill that would include municipal debt in the coveted category of high-quality liquid assets as […]

A Short Note on Bank Muni Holdings

Author: John R. Mousseau, CFA, Post Date: March 8, 2018
Market Commentary - John Mousseau

The Wall Street Journal had a story on the front page of the “B” section Wednesday morning about banks getting some relief with regard to counting municipal bonds among their “liquid assets.” On Tuesday the Senate voted to formally debate a bill containing that provision, and it should have enough Democratic support to pass. The […]