Christine Albano

Recent Stories From this Author

Pennsylvania GO to Lead New-Issue Slate of $8.8 Billion
January 30, 2015 Issuance is expected to approach $9 billion in the coming week as February brings a $1 billion Pennsylvania competitive...

Hennion & Walsh Celebrates Municipal Milestone
January 22, 2015 In the shadow of the biggest Wall Street empires, Hennion & Walsh has managed to thrive for a quarter of a century.

Coming up 'Short' Provides Value: Analysts
January 16, 2015 Short term municipal bonds, after posting negative returns in December, may still have value as an alternative to staying in...

Weekly Volume Spikes to $7.3 Billion as New York TFA Leads
January 11, 2015 Investors will celebrate a $3 billion boost in volume this week, highlighted by a large, well-known New York credit, following...

Vanguard Debuts First Muni Index, ETF Fund
January 7, 2015 Vanguard is expanding its existing lineup of municipal bond funds with the upcoming launch of its first-ever national...

2015 Expert Forecasts: High Demand, Rising Rates, Modest Issuance
January 5, 2015 Predictions by several municipal experts forecast a 2015 that runs the gamut from a flattening yield curve to increased...

Munis Surprise with Strong 2014
December 23, 2014 Municipals delivered solid performance overall thanks to the strength of the long duration and high-yield segments.

MARKET POST: Munis Steady Following Weakness
December 19, 2014 The municipal market opened with a steady tone and light trading after yesterday’s volatility that put a heavy cloud above the...

MARKET POST: AMP Prices $643.23M as Market Stabilizes
December 19, 2014 The municipal market showed a little stability at midday Friday but still displayed an overall lack of focus and continued its...

Market Close: Firmer Munis, Treasuries Cap Off Volatile Week
December 19, 2014 The municipal market followed Treasuries to slightly firmer ground at the close of trading on Friday, regaining some of the...

The Commonwealth of Puerto Rico has a long history of fiscal uncertainty and structural deficits. Responding to decades of general fund deficits in 2014, the rating services lowered the ratings on the Commonwealth’s general obligation credit to below investment grade, or junk status.

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