Chicago Munis Will Recover With Economy Says Wells Fargo Fund Manager

Chicago Munis Will Recover With Economy Says Wells Fargo Fund Manager

The recent lack of movement in Treasury yields has caused municipal bond fund prices to stagnate.

Municipal Bonds are Inexpensive and Attractive, Says Eaton Vance’s Metzold

Municipal Bonds are Inexpensive and Attractive, Says Eaton Vance’s Metzold

Municipal bond funds may be feeling some effect from negative headlines coming from Puerto Rico's financial problems, but the market's still pretty cheap, Metzold says.

Munis Will Fare Just Fine During Rate Hikes Says Eaton Vance’s Metzold

Munis Will Fare Just Fine During Rate Hikes Says Eaton Vance’s Metzold

Municipal bond funds may slightly be feeling the effects of negative headlines coming from Puerto Rico’s financial problems.

Why This Fund Manager Is Bullish on Municipal Bonds

Why This Fund Manager Is Bullish on Municipal Bonds

David Dowden likes what he sees despite the troubles in Chicago and Puerto Rico.

Municipal Bond Market Buoyant Even as Puerto Rico Sinks

Municipal Bond Market Buoyant Even as Puerto Rico Sinks

Beyond the headlines about credit troubles in Puerto Rico and Chicago, there is a lot to like about the municipal bond market.

Bank Results Bode Well for Financial Sector, Says Palisade’s Veru

Bank Results Bode Well for Financial Sector, Says Palisade’s Veru

Dan Veru, chief investment officer at Palisade Capital, says that second quarter earnings from JPMorgan Chase, Citigroup and Bank of America show underlying strength in the sector.

Puerto Rico’s Debt Problems Won’t Infect Municipal Bond Market

Puerto Rico’s Debt Problems Won’t Infect Municipal Bond Market

Puerto Rico’s problems are not systemic and will likely remain contained inside Puerto Rico unless retail investors overreact.

Chicago Won’t Drag Down Muni Market Says McDonnell Fund Manager

Chicago Won’t Drag Down Muni Market Says McDonnell Fund Manager

Most fund managers agree that economically strapped Puerto Rico won’t drag down the entire municipal bond market. Neither will Chicago, says portfolio manager Dawn Daggy-Mangerson.

Why a Puerto Rican Default is More Dangerous Than You Think

Why a Puerto Rican Default is More Dangerous Than You Think

Puerto Rican bonds show up in more than half of mutual funds, with concentrations in those run by Oppenheimer and Franklin Templeton.

Apple Launches Streaming Music Service; Stocks Recover From Monday's Selloff

Apple Launches Streaming Music Service; Stocks Recover From Monday's Selloff

Stocks edged up slightly in midday trading Tuesday over hopes that an 11th hour debt deal may save Greece from default.