The content on this website is intended for investment professionals and institutional asset owners. Individual retail investors should consult with their financial advisers before using any of the content contained on this website. Breckinridge uses cookies to improve user experience. By using our website, you consent to our cookies in accordance with our cookie policy. By clicking “I Agree” and accessing this website, you represent and warrant that you are agreeing to the above statements. In addition, you have read, understood and agree to the terms and conditions of this website. The content on this website is not intended for use or distribution outside of the U.S., unless permitted by applicable law.

2019 Press Coverage

Below are news articles from 2019 that feature Breckinridge perspectives and quotes from our experts.

For media inquiries, please contact our PR partners at

Funds Bounce Back After Year of Misery
Pensions & Investments, December 23, 2019

Pensions & Investments quotes James Spidle in their recent piece on how endowments are thinking about investment decisions and ESG for the coming year, and beyond. (Requires subscription)

Read article

Corporations Pile Into Bond Market as Borrowing Costs Drop
Bloomberg, November, 12 2019

Bloomberg quotes co-head of research, Nick Elfner, on the surge of new issuance in the corporate bond market and what the supply means for the market.

Read article

Money Managers Gain Sway Over Muni Market
Wall Street Journal, October 9, 2019

Florida’s Division of Bond Finance director cites Breckinridge’s influence in increasing disclosure about how the state is addressing climate risk in this Wall Street Journal article.

Read article

Muni Bonds Face Climate Change. And Investors Are Ignoring the Risks
Barron's, September 20, 2019

Senior analyst, Andrew Teras, talked to Barron’s about potential impacts of climate change on muni bonds. Including the possibility that the same level of federal aid may not always be available.

Read article

Oklahoma Pension Fund Cyber Attack Shows Rising Risk for Munis
Bloomberg, September 13, 2019

In the wake of another cyber theft attack, Breckinridge analysts, Andrew Teras and Alriona Costigan, spoke with Bloomberg about how these cybersecurity issues are impacting the market.

Read article

Disney Sells $7 Billion as U.S. Enters Peak New Debt Season
Bloomberg, September 3, 2019

Co-head of research, Nick Elfner, is quoted in Bloomberg on Disney’s $7 billion bond issuance this week and how the market will handle the uptick in supply.

Read article

Will Climate Change Lead to a 'Fiscal Tsunami'?
Governing, August 7, 2019

Governing Magazine quotes our director of sustainability, Tim Coffin, in their article on rating agencies and looking at how municipalities are dealing with climate change.

Read article

Moody’s Buys Climate Data Firm, Signaling New Scrutiny of Climate Risks
New York Times, July 24, 2019

Adam Stern, co-head of research, spoke with the New York Times about Moody’s recent purchase of a controlling stake in Four Twenty Seven, a firm that measures the risks of climate change, and the increased demand for this type of information in the market.

Read article

Baltimore Not Alone in Vulnerability to Ransomware
The Bond Buyer, May 30, 2019

We are pleased to see another publication pick up our perspective on munis and cybersecurity. Read more about the Baltimore ransomware attack in The Bond Buyer, and how we see it impacting muni bonds.

Read article  Read perspective

Add Cyberattacks to the List of Municipal Bond Credit Risks
Bloomberg, May 29, 2019

Bloomberg article features quotes from our recent perspective by analyst, Alriona Costigan, and chief technology officer, Jesse Starks, that discusses cybersecurity risks for municipalities.

Read article  Read perspective

Making an Environmental, Social, and Governance (ESG) Impact Through Public Fixed-Income
IEN Newsletter, Spring 2019

IEN’s latest newsletter includes Breckinridge in a Q&A of industry experts on how managers and asset owners can incorporate ESG and measure their impact.

Read more

Credit where it's due: rating agencies' ESG play
Environmental Finance, April 26, 2019

Breckinridge analysts spoke with Environmental Finance about the increasing role of ESG at credit rating agencies and how these changes could potentially impact the competitive space of ESG ratings companies. (Requires subscription)

Read more

The Push for Long-Termism
Mergermarket, April 12, 2019

Director of Sustainability, Tim Coffin, discusses what is influencing long-termism for companies and investors and why this perspective is increasingly important.

Read more

Cash-Strapped Illinois, Chicago Set to Seek Billions From Investors
Wall Street Journal, March 26, 2019

Adam Stern spoke with the Wall Street Journal about the upcoming debt issuance by Chicago and Illinois and how the bond market could react to the deals.

Read More

How Puerto Rico's Financial Storm is Washing Over the Mainland
Quartz, March 8, 2019

Adam Stern discusses some of the challenges Puerto Rico faces and the potential impacts of their financial distress on the rest of the muni market.

Read article