Tag Archives: mono-line

Feb 26, 2016

Rieger Report: Insured municipal bonds remain cheap

Okay, the mono-line insurance companies aren’t going to enjoy this note.  After all, yields of insured bonds should be lower than bonds that are un-insured.  Prior to the great recession approximately half of the municipal bonds outstanding were insured and during that time insured bonds were more in demand than un-insured bonds.  Beginning with the…


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