It may seem like a paperwork snafu for the little-known Principal Street High Income Municipal GSTAX bond fund, but lessons from the late filing of its annual report could help you avoid heartache.
Editor’s note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it. Bonds are ballast. When markets get stormy, they help steady investors’ ...
Pre-financial crisis, interest rate derivatives were widely recognized as a valuable part of the municipal issuer's financial toolkit. Post-crisis, they have been a thorn in the side of many issuers, ...
CHICAGO -- A year after Detroit's record bankruptcy filing, lawyers and analysts said they have learned to throw out many long-standing beliefs about municipal debt and its treatment in Chapter 9.