Tag Archives: Municipal Bonds

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Cumberland Advisors Market Commentary – Why States Are Not Going to Default from the Coronavirus Fallout

Author: Patricia Healy, CFA, Post Date: March 27, 2020
Market Commentary - Cumberland Advisors - Why States Are Not Going to Default from the Coronavirus Fallout

In our opinion this is a short-term shock, although it will likely change some behaviors for the long term that will need to be monitored. The initial concern is liquidity, not just in the bond market but also at the state level, where tax payment dates have been extended and economically sensitive revenues such as […]

Cumberland Advisors Market Commentary – The Muni Meltdown Timeline (and the Opportunity It Presents)

Author: John R. Mousseau, CFA, Post Date:
CA-Market-Commentary-The Muni Meltdown Timeline (and the Opportunity It Presents)

The Municipal Bond Market has suffered one of the most dramatic back-offs it has ever seen; and it was accomplished in about nine business days. The rise in yields has been dramatic and fierce and had lots of elements to it. This is a quick synopsis of some of the muni meltdown. As of Monday […]

The Great Bond Party of 2019 Is Ending

Author: , Post Date: January 20, 2020
Cumberland Advisors John Mousseau

Excerpt from… The Great Bond Party of 2019 Is Ending With Federal Reserve rate cuts behind us and recession fears waning, don’t expect much from bond funds this year. By Carla Fried – Published Jan. 17, 2020 – Updated Jan. 18, 2020 Economic worries last year turned out to be great news for bond investors. […]

Cumberland Advisors Market Commentary – 2019: Bonds Roar Back

Author: John R. Mousseau, CFA, Post Date: January 13, 2020
2019 Bonds Roar Back

2019 saw bond yields turn around from their climb in 2018 and move lower. Since the Federal Reserve changed their language last December to being accommodative and data-driven, we have seen yields across the board come down a lot. There is no question that this drop in yields was driven, in large part, by what […]

BondBuyer – It’s a wrap: Munis end on a quiet note

Author: , Post Date: January 1, 2020
Cumberland Advisors John Mousseau

Excerpt from… It’s a wrap: Munis end on a quiet note By Chip Barnett Dec 31, 2019 The municipal bond market finished out the last day of 2019 on a quiet note, with no deals priced and yields ending little changed. Seasonal sluggishness hit the municipal market as participants and investors paused to prepare for […]

BondBuyer – IHS Markit’s enhanced Ipreo platform directly connects buy-side to dealers

Author: , Post Date: November 20, 2019
Cumberland-Advisors-Patricia-Healy-In-The-News

Excerpt from… IHS Markit’s enhanced Ipreo platform directly connects buy-side to dealers By Lynne Funk Nov 20, 2019 Digital workflow tools in the municipal market are increasing efficiency, freeing up talent to focus on the end client without completing tasks that would take far longer manually. All of these tools flooding the market aim to […]

BondBuyer – Lower tuition rates may mean more downgrades in FY 2020

Author: , Post Date: November 18, 2019
Cumberland-Advisors-Patricia-Healy-In-The-News

Excerpt from… Lower tuition rates may mean more downgrades in FY 2020 By Sarah Wynn Nov 18, 2019 Some analysts have decided to stick with highly rated bonds in the higher education sector. “The higher education area, depending on if it’s public or private has seen some declines (in enrollment) over the years, especially in […]