Munis firmer as month starts
Municipals were firmer Friday ahead of the primary full week of the Recent 12 months and ahead of a $5 billion-plus new-issue calendar while U.S. Treasuries saw modest losses and…
Bonds
Stone Ridge mutual cat bond and ILS fund assets surpassed $5bn at October 31
Stone Ridge Asset Management, the Recent York based alternative risk premia focused investment manager, grew the catastrophe bond and insurance-linked securities (ILS) assets under management in its range of mutual…
Inexpensive housing developer’s deal a muni bond market first
The 224-unit hollywoodHub reasonably priced apartment project in Portland, Oregon, will likely be partly funded by municipal bonds. BRIDGE Housing Corp. BRIDGE Housing Corp. has created a recent financing source…
Swiss Re cat bond Index delivers 17.29% total-return in 2024, second-highest ever
The catastrophe bond market delivered the second-highest total-return in its history in 2024, reaching 17.29% for the full-year, in accordance with data from the Swiss Re Cat Bond Performance Indices.While…
Wood pellets burn Enviva municipal bondholders in bankruptcy
Wood pellets in a Berlin depot. U.S. wood pellet production, similar to Enviva’s is driven by exports, particularly to European Union countries. Bloomberg News Enviva, Inc. is the newest corporate…
Trump and Washington mayor look to a more productive future
“President Trump and I had an ideal meeting to debate our shared priorities for the President’s second term,” said Bowser. “President Trump and I each want Washington DC to be the…
Munis close 2024 with higher yields, record issuance and vast uncertainty ahead
Municipals had a stronger tone Tuesday as investors closed their books ahead of the Latest 12 months holiday while U.S. Treasuries were mixed and equities saw losses for the ultimate…
Why Intermediate Munis Shine in Volatile Times
The Fed’s cutting of rates was speculated to boost bond prices and create wonderful total returns for fixed income asset classes. Investors have flocked to bonds to capture high yields…
Treasury Secretary Janet Yellen says ‘extraordinary measures’ to avoid U.S. default to start mid-January
U.S. Treasury Secretary Janet Yellen, left, said the department would deploy special measures to avoid a borrowing default starting in mid-January while Congress takes up a debate over lifting the…
Alternative reinsurance capital grew 7% to $107bn in 2024: Guy Carpenter, AM Best
Dedicated reinsurance capital grew by 6.9% over the course of 2024, but alternative capital that largely represents the capability deployed by insurance-linked securities (ILS) fund managers and thru other ILS…