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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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 -
Over the years, Assured Guaranty has been open to guaranteeing in the U.K. and most of Europe, Australia, and New Zealand and through AGM in the U.S. they cover certain transactions within the Latin American region.
June 25 -
The final new issues of the week close with some bumps in repricings while the secondary was quiet.
By Lynne FunkJune 24 -
A volatile U.S. Treasury market and month-end positioning are pressuring municipal yield curves.
By Lynne FunkJune 22 -
The Federal Reserve must be prepared to move if inflation continues to surprise to the upside, according to one Fed president, while another again stated a desire for the Fed to pull back on its accommodation.
By Lynne FunkJune 21 -
The short end of the yield curve faced pressure from a cheaper UST five-year. As the flattening trend in UST takes hold, demand for duration will also spill over into the tax-exempt space, with long-dated munis continuing to outperform, analysts say.
By Lynne FunkJune 18