June 2020 Municipal Market Update
Brandon Lippold
July 2, 2020
Blue Rose has begun publishing weekly “Special Editions” of The Shield to address key municipal market topics as they develop
Blue Rose has begun publishing weekly “Special Editions” of The Shield to address key municipal market topics as they develop
The year began with a significant amount of market uncertainty, with many market participants anticipating impending market-wide turmoil
Rates have fallen and yield curves have flattened (and in some areas inverted) significantly since the start of the year
The objective of this update is to provide insight into key municipal market developments that have occurred since the start of 2019
Fallback language in new and existing LIBOR contracts is a primary concern and dilemma that both the ARRC and ISDA began to address last year and plan to provide official guidance for in the coming months