Trump Agenda Sparks Muni Investor Questions
Original Report
Financial advisers asked questions about President Donald Trump's agenda and its impact on municipal budgets and bonds at Morgan Stanley's "State of the States" webinar. Elizabeth Rembert discussed...
Financial advisers asked questions about President Donald Trump's agenda and its impact on municipal budgets and bonds at Morgan Stanley's "State of the States" webinar. Elizabeth Rembert discussed their uncertainty on "Bloomberg Real Yield" with Scarlet Fu. (Source: Bloomberg)
Glass House Analysis
Treasury market movements signal how investors view America's fiscal health and economic trajectory. Rising yields mean the government pays more to borrow, which eventually shows up in taxes or reduced services. For average Americans, this translates to higher mortgage rates, more expensive business loans, and a general tightening of financial conditions that makes everything from buying a home to starting a business more challenging.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Equinox chairman says 'health is the new luxury' as wellness spending soars
Harvey Spevak, Equinox's executive chairman, said demand for "Optimize" memberships highlights the "insatiable" demand by the wealthy for wellness offerings.
Goldman Weighs Sweeter Terms on Loan Tied to DuPont Unit Sale
Goldman Sachs Group Inc. is considering sweetening the terms on $1.73 billion of leveraged loans tied to chemical maker Arclin Inc.’s acquisition of DuPont de Nemours Inc.’s Aramids business.
Illiquid loans, investor demands: Blue Owl's software lending triggers another quake in private credit
Blue Owl, a direct lender specializing in loans to the software industry, said it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value.
Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma
Phil Spencer is retiring from Microsoft after joining the software company 38 years ago, and will be replaced by Instacart's former COO.