Munis weaker, possible ‘solid’ performance on the horizon
Municipals were weaker Monday, as U.S. Treasury yields rose and equities ended up. The 2-year municipal to UST ratio Monday was at 66%, the five-year at 69%, the 10-year at…
Bonds
The Unexpected Blockchain Revolution in Muni Markets
Cryptocurrencies like Bitcoin and Ethereum have captured the eye of many investors, pundits, and even politicians. With such support, the asset class is now seen as a must have for…
Withdrawn budget vote leaves Chicago, schools in limbo
Chicago Mayor Brandon Johnson prepares to testify before Congress on March 5. At a press conference in Chicago Tuesday, Johnson noted “I’m home now” and said he could speak more…
RenRe consistently sees greater demand for Capital Partners investments than it may satisfy: CEO
RenaissanceRe, the Bermuda headquartered global reinsurer and third-party reinsurance capital manager, has built a “deep and protracted moat” around its fee income business, CEO Kevin O’Donnell believes, saying that demand…
Why Lively Management Matters for Muni Bonds in 2025
A recent yr brings recent opportunities. It also brings loads of uncertainty to the table. From geopolitical woes and recession potential to recent taxation and macroeconomic headwinds, there’s so much…
Munis regular; $1.5 billion LAX airport deal on tap
Municipals were regular Friday as U.S. Treasuries were barely weaker out long and equities ended down. UST yields continued to say no this week as concerns surrounding “growth and perceived…
SageSure gets upsized $150m Gateway Re 2025-2 cat bond at low-end pricing
Artemis has learned that SageSure, the coastal property managing general underwriter, has now successfully priced its latest catastrophe bond, securing the 20% upsized $150 million in named storm reinsurance sought…
California’s Wildfires & Muni Bonds
If California were its own country, it might be one in all the biggest in population and GDP size. It’s also one in all the biggest issuers of municipal bonds….
High-yield veteran Bill Black launches HY SMA fund at Saybrook Advisors
Bill Black, a veteran high yield portfolio manager, has joined Saybrook Fund Advisors LLC. Saybrook Fund Advisors LLC Distressed debt shop Saybrook Fund Advisors LLC has brought on well-known high-yield…
Moody’s Rankings seeks ILS discussion paper feedback, considers latest rating methodology
Moody’s Rankings has published a discussion paper on insurance-linked securities (ILS), with a concentrate on catastrophe bonds, and is searching for feedback from market participants to assist make clear its…