Analysis of evolving market themes.
Muni-bond market slowly reviving from COVID-19 setback
The Fed helped the muni-bond market revive the muni-debt market as states and local governments grappled with revenue disruptions.
The Fed’s flexible new policy
The Fed announced a shift in its approach to monetary policy and the new strategy can be viewed as a flexible form of average inflation targeting.
Temporary Mail Service Disruptions to Certain Countries Due to the COVID-19 Pandemic
Pursuant to the Security and Exchange Commission’s Staff Statement Regarding Temporary International Mail Service Suspensions to Certain Jurisdictions Related to the COVID-19 Pandemic, Putnam Investments will be delaying mailings to affected shareholders. For a copy of the SEC’s statement, click here.
As of September 11, 2020, the United States Postal Service is unable to deliver mail to the following countries or territories: Azerbaijan, Bahamas, Bhutan, Bolivia, Botswana, Brunei, Cambodia, Cayman Islands, Chad, Cuba, Ecuador, Eswatini, Honduras, Iraq, Jordan, Kiribati, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Madagascar, Malawi, Mauritius, Mongolia, Myanmar, Niger, Panama, Papua New Guinea, Republic of the Congo, Seychelles, Sierra Leone, Solomon Islands, South Africa, South Sudan, Syria, Tajikistan, Timor-Leste, Turkmenistan, Turks and Caicos, Uzbekistan, Vanuatu, Venezuela, and Yemen. For a current list in international mail service suspensions, click here.
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