Research, commentary, and white papers from 2GenPen’s team — practitioners with 30+ years at the intersection of structured finance, municipal credit, and capital markets.
How April 2026 bond market coverage validates the 2GenPen thesis — zero muni defaults vs eleven corporate defaults, same rating, same period
Independent research-backed comparison across default rates, yield, arbitrage window, ratings framework, obligor quality, and portfolio impact
The evolution of a new generation of municipal structured credits
A new approach to sustainable debt structure for emerging market borrowers
The intellectual framework behind MUseQ® — what ground truth means in structured finance
The mispricing in the $4T municipal market and why the window is open
How the CMLO® is built, how it compares to CLOs, and why it delivers superior risk-adjusted returns
Financial architecture organically placed at the structural center point between heretofore segregated asset classes in order to reveal the true quality and pricing strength of public finance related credits.