Aaron Weitzman currently covers a myriad of municipal topics on the sell side for The Bond Buyer. He is primarily responsible for covering the sell-side of the muni market, and often contributes to the daily coverage of the primary and secondary markets. Aaron also focuses in on bond insurance and underwriting businesses. Previously, he wrote for the fantasy sports website Rotoballer and covered the flooring industry for Hearst Business Media. He holds a bachelor’s degree in English writing from the University of Pittsburgh.
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A key demand component in the market again flexed its muscles with ICI reporting another round of $2 billion-plus fund inflows.
By Lynne FunkJuly 14 -
Municipals outperformed U.S. Treasuries for a third sessions moving the 10-year municipal to UST ratio below 60%.
By Lynne FunkJuly 13 -
Most participants expect better performance for munis in the near-term. Longer-term, a lot depends on rates, COVID and other outside factors, such as infrastructure.
By Lynne FunkJuly 12 -
Fund inflows are a demand component unlikely to slow during the heavy reinvestment season, keeping the yield environment squarely in issuers' favor.
By Lynne FunkJuly 8 -
The Dormitory Authority of the State of New York overtook California for the most issuance, while New York issuers made up half of the top 10.
July 8 -
More of the same from the FOMC did little to move UST or munis. ICI reported the 17th consecutive week of inflows at $1.98 billion. July is looking good for municipal issuers.
By Lynne FunkJuly 7 -
While the top three advisor firms stayed put, the next seven firms moved around, including three new firms making their way into the top 10.
July 7 -
As issuance increased, the top municipal bond underwriters saw their total par underwritten rise by 14.4% from the first half of 2020.
July 7 -
U.S. Treasury 10- and 30-year yields hit February lows. Large blocks of high-grades in secondary trading led triple-A benchmarks to lower yields by two to four basis points across the curve.
By Lynne FunkJuly 6 -
Making it a summer Friday, munis were quiet. Participants contemplate why the market underperformed taxables to the degree they did when fundamentals are objectively strong and little has changed since before the FOMC.
By Lynne FunkJune 25