Last week, Senate majority leader, Mitch McConnell, raised concerns in the muni market with his suggestion that states should be enabled to file for bankruptcy. Read on for an analysis on the Senator’s proposal.
The Muni Market’s Fed-sponsored Round Trip—Thornburg
Since the dizzying spring spikes in municipal market bond yields, the Federal Reserve’s stimulus programs have fueled a rebound in muni market prices to...
Examining China’s COVID-19 Recovery and Ailing US Relations—Thornburg
Some segments of China’s economy have recovered to pre-coronavirus levels, while others lag and a few have seen accelerated growth. Portfolio Manager Le...