Over the quarter, Franklin California Tax-Free Income Fund underperformed its benchmark, the Linked Bloomberg Muni Bond ...

A riskier part of the fixed-income market appears relatively stable despite hand-wringing over a global trade war, as ...

S&P Global Ratings has dinged L.A.’s bond ratings as the city wrestles with a nearly $1 billion budget shortfall.

The next federal government should be thinking about ways to get control of the financially imprudent behaviour of the state ...

KBRA assigns preliminary ratings to five classes of notes totaling to $200.00 million issued by SAFCO Auto Receivables Trust 2025-1 ("SAFCO 2025-1" or the "Issuer"), a subprime auto loan ABS ...

Financial markets have been on a rollercoaster ride for a few months, and no one knows how long the instability will last.

So if you invest in this type of high-yield fund now, you have potential for capital gains as bonds mature. The two funds are managed a bit differently, with the BrandywineGlobal Corporate Credit Fund ...

The debt is spread across three programs and will contribute to park and transportation projects as well as city fleet assets ...

The bond rating downgrades came days after Mayor Karen Bass outlined the city’s stark economic situation in her proposed ...

KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from GCAT 2025-NQM1 Trust, a $438.2 million non-prime RMBS transaction. The underlying collateral, comprising 764 ...

Los Angeles Mayor Karen Bass is currently seeking a state bailout, but given that the state says it has “no capacity” for new ...

Standard & Poor's 500 downgraded its credit rating of city of Los Angeles general obligation bonds, citing its “weakening ...