HALISTER1: Beware of Muni Callable Bond Extension Risk, CreditSights Says

Beware of Muni Callable Bond Extension Risk, CreditSights Says

(Bloomberg) -- With potential Fed Dec. rate hike and recent drift toward higher yields, investors should evaluate any holdings with coupons below 4.5 percent and priced to a short call for their extension risk, says CreditSights head of municipal research, Patrick Luby.
  • Bonds with 5 percent coupons priced to a short call should not have to worry about extension risk for the near future
  • Bonds with 3 or 4 percent coupons should be evaluated for the risk of a decline to a discount price, and what impact their new, higher duration would have on a portfolio
To contact the reporter on this story: Justina Vasquez in New York at jvasquez57@bloomberg.net

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Patrick Luby (Creditsights Inc)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

Alert: HALISTER1
Source: WPT (Washington Post)

People
Donald J Trump Jr (Trump Hotels & Casino Resorts Inc)
Donald Trump (United States of America)
Paul John Manafort Jr (Davis Manafort Inc)
Jared Kushner (United States Office of the President)
Lt Gen Michael T Flynn (United States National Security Council)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

Alert: HALISTER1
Source: WPT (Washington Post)

People
Donald J Trump Jr (Trump Hotels & Casino Resorts Inc)
Donald Trump (United States of America)
Paul John Manafort Jr (Davis Manafort Inc)
Jared Kushner (United States Office of the President)
Lt Gen Michael T Flynn (United States National Security Council)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

Alert: HALISTER1
Source: WPT (Washington Post)

People
Donald J Trump Jr (Trump Hotels & Casino Resorts Inc)
Donald Trump (United States of America)
Paul John Manafort Jr (Davis Manafort Inc)
Jared Kushner (United States Office of the President)
Rick Gates (Pericles LP)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

Alert: HALISTER1
Source: WPT (Washington Post)

People
Donald J Trump Jr (Trump Hotels & Casino Resorts Inc)
Donald Trump (United States of America)
Paul John Manafort Jr (Davis Manafort Inc)
Jared Kushner (United States Office of the President)
Rick Gates (Pericles LP)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

Alert: HALISTER1
Source: WPT (Washington Post)

People
Donald J Trump Jr (Trump Hotels & Casino Resorts Inc)
Donald Trump (United States of America)
Paul John Manafort Jr (Davis Manafort Inc)
Jared Kushner (United States Office of the President)
Rick Gates (Pericles LP)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: Manafort, Former Business Partner Indicted on Money Laundering, Tax Charges in Connection With Special Counsel Probe

Manafort, Former Business Partner Indicted on Money Laundering, Tax Charges in Connection With Special Counsel Probe

Alert: HALISTER1
Source: WPT (Washington Post)

People
Paul John Manafort Jr (Davis Manafort Inc)
Rick Gates (Pericles LP)
Barack H Obama (United States of America)
James Brien Comey Jr "Jim" (DOJ United States Federal Bureau of Investigation)
Jared Kushner (United States Office of the President)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

With Money Laundering Charges Against Paul Manafort, Trump’s ‘fake News’ Claim Is Harder to Defend

Alert: HALISTER1
Source: WPT (Washington Post)

People
Donald Trump (United States of America)
Paul John Manafort Jr (Davis Manafort Inc)
Richard Burr (United States Senate)
Rick Gates (Pericles LP)
Robert S Mueller III "Bob" (United States Department of Justice)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283