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Royal Bank of Canada boosted its stake in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 13.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,377 shares of the companys stock after buying an additional 6,845 shares during the quarter. Royal Bank of []
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of The BlackRock Strategic Municipal Trust (NYSE: BSD), BlackRoc
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of The BlackRock Strategic Municipal Trust (NYSE: BSD), BlackRoc
The Treasury curve bear-steepened and muni yields followed higher. Moody’s: Covid-19 will result in state and local government austerity and higher leverage.
Treasury yields bear-steepened. Powell comments on desire for more inflation not immediately recognizable in yields.

Rule #1 For Bonds: Don't Lose Money

05:47am, Sunday, 30'th Aug 2020
At the beginning of this year, we created the Baskin Fixed Income Fund as a more efficient way to manage your fixed income investments.
Over the years, individual investors have flocked to municipal bonds to meet safety, income and after-tax return goals.

Weekly Closed-End Fund Roundup: August 9, 2020

04:16am, Tuesday, 18'th Aug 2020
23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV last week. Commodities continue to rally, energy also puts in a strong performance.
Municipal bonds issued by state and local entities fund projects across various sectors that create the foundation upon which local economies thrive.
Muni yields fell more as ratios have declined. Muni funds experienced net inflows for 10th consecutive week.
12 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. Asia equity leads while MLPs lag.

2020 Muni Market Midyear Update

10:29am, Wednesday, 15'th Jul 2020
States and towns are reluctant to make any issuance until they have an understanding of just how bad their revenue losses are going to be.

Heroes And Villains

01:35am, Sunday, 05'th Jul 2020
My attention is fully focused on the markets and what is driving them. The Superman for the markets is Chairman Jerome Powell, the Presidents and Governors of t

The Muni Selloff That Was

09:49am, Thursday, 02'nd Jul 2020
The first two months of the year witnessed a drop in US Treasury yields as well as muni yields as concerns over slowing growth internationally kept bond yields
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