Municipal Bonds

The SEC accused Harrisburg, Penn., of misleading muni investors, leaving bondholders in the dark. It's the first time the agency has charged a municipality for statements made outside securities disclosures.

The municipal bond market continues to view outspoken analyst Meredith Whitney as an unwelcome guest at a private party.

Analyst Meredith Whitney is sounding yet another alarm about tax-exempt bonds (see above). Jeff Benjamin offers details.

SEC member Daniel Gallagher raised hackles last week by warning about a possible muni bond 'Armageddon.' He's not backing down.

For all of the consternation around the "fiscal cliff" and the sequestration, the path remains unclear for an agreeable way to address the federal budget deficit with additional revenue, further spending cuts, or both. And part of this uncertainty extends to the proposals to cap the tax exemption

Trader says bankrupcty will likely shake up tax-exempt landscape in California

The events in Stockton could take a major toll on the muni market. Jeff Benjamin reports.

Puerto Rico's munis represent the 'fattest tail risk' in the market, managers at BlackRock warn. The worry? If investors smell default, a run on the tax-free bonds could break out.

If municipal bond investors aren't already stressed out over the latest developments in the Stockton, Calif. bankruptcy dealing, they should be. The city of nearly 300,000 was granted Chapter 9 bankruptcy protection on Monday after a federal judge berated creditors for not wanting to compromise

The Securities and Exchange Commission slapped Illinois with securities fraud charges last week, claiming that the state misled municipal bond investors about how it funded its pension liabilities.

Detroit's financial mismanagement has devolved into a political morass, but the latest move by Michigan Gov. Rick Snyder is a ray of hope for its municipal bond investors.