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Inflation remained the Federal Reserve's focus, but panelists were concerned about its intentions being misread, and none expect rate cuts in 2023, according to minutes of the latest Federal Open Market Committee meeting.
Given the volatility of risk assets is likely to remain high, and the focus on the flight to safety increases, all fixed-income assets could benefit as a result, including municipals, Barclays strategists say.
Recent headlines, including positive actions from major rating agencies and substantial amounts of federal aid, suggest that credit conditions in the State of Illinois are on an upward trajectory.
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What a Texas airport rental car company’s borrowing says about investor optimism for a travel rebound The Austin facility refinanced about $147 million of bonds to help ease debt service payments — giving it more than enough breathing room to stay afloat until the pandemic is over. The checkpoint area at Austin-Bergstrom International Airport.(Dan Herron) For investors betting on air travel’s comeback, the municipal bond market is ready for you. A rental car facility at the airport in one of America’s biggest boomtowns is selling bonds, the first such debt offering of its kind since ...