Municipal MonthlyMunicipals posted solid results during August. The Bloomberg Barclays Municipal Bond Index returned 0.76%, bringing its year-to-date return to 5.20%. The Bloomberg Barclays High Yield Municipal Index returned 1...
In FocusAs widely expected, The Federal Reserve (Fed) announced this week that it will begin inching away from its audacious post-crisis monetary experiment in October, by reducing the amount of Treasury and MBS holdings on its...