This week (June 17 – 24, 2011) saw more of news about the US government’s Battle with the slowing economy. An improvement in new issuance. This may be a good time to adjust your asset allocation. The Week’s municipal bond news included:
- Tobacco Bonds Regain Favor on Potential Steady Income Stream: Muni Credit – Bloomberg. – It is amazing that these bonds are coming back into favor with smoking rates come down.
- Beware preachers of doom on munis – This is Insane! – MarketWatch. – More arguments on why the doom sayers will be wrong.