31 March 2022 17:37

What is Munifacts?

Munifacts was a private newswire communication service for municipal bonds which provided information on new municipal bond issues in the primary market and secondary market.

What is MMD in finance?

A proprietary yield curve Municipal Market Data (MMD) AAA Curve provides the offer-side of AAA-rated state general obligation bonds (GO). The MMD analyst team determines the inclusion of bonds.

What is MMD in municipal bonds?

The Thomson Reuters Municipal Market Data (MMD) AAA Curve is a proprietary yield curve that provides the offer-side of “AAA” rated state general obligation bonds, as determined by the MMD analyst team.

What is the current interest rate on municipal bonds?

Municipal Bonds

Name Yield Time (EDT)
BVMB1Y:IND Muni Bonds 1 Year Yield 1.56% 4:01 PM
BVMB2Y:IND Muni Bonds 2 Year Yield 1.81% 4:01 PM
BVMB5Y:IND Muni Bonds 5 Year Yield 2.06% 4:01 PM
BVMB10Y:IND Muni Bonds 10 Year Yield 2.26% 4:01 PM

What is the average rate of return on municipal bonds?

The first four funds all fall under Morningstar’s “High Yield Muni” category, which had an average total return of 6.0% over the past year. The last fund belongs to the “Muni National Intermediate” category, which provided a total return of 1.9% over the same period. All data below is as of Dec. 10, 2021.

WHO publishes MMD?

Thomson Reuters

The yield curve of the highest-rated (AAA) municipal bonds as published by Thomson Reuters.

What is Thomson muni market monitor?

The Municipal Market Monitor (TM3) as it relates specifically to the US municipal bond industry. TM3 has been delivering the municipal market’s MMD AAA benchmark for over 30 years, and is integrated into the most comprehensive source of critical municipal market information.

Are municipal bonds a good investment in 2021?

On the plus side, highly-rated municipal bonds are generally very safe investments compared to almost any other investment. The default rate is tiny. As with any bond, there is interest rate risk. If your money is tied up for 10 or 20 years and interest rates rise, you’ll be stuck with a poor performer.

Are municipal bonds a good investment 2022?

Summary. The municipal bond market enters 2022 with strong credit and supportive technical conditions. The pace of improvement seen in 2021 is likely to slow in the new year.

Are municipal bonds a good investment now?

Muni bonds may offer security and tax-free portfolio income with relatively low default risk. These assets typically pay off for investors in higher tax brackets versus lower-income retirees. However, it can be tricky to manage individual muni bonds due to interest rate and credit risks, financial experts say.

What will bonds do in 2022?

The Federal Reserve is likely to begin raising interest rates in 2022, potentially raising bond yields and lowering bond prices. The Fed’s actions will likely have modest impacts on most bond portfolios, but the precise extent and timing of rate hikes is uncertain.

What will happen to bonds in 2022?

Interest rates may be going up in 2022 — and a bond ladder is one way for investors to manage the risk. Prices for existing bonds generally fall as interest rates (or yields) rise, since the yields on new bonds look more attractive by comparison.