Chip Barnett is a journalist with almost 50 years of professional experience. He started his career at the Gannett Newspapers in Westchester County, N.Y., working his way up from back-shop compositor to Senior News Editor. Barnett later worked for Thomson Reuters in Manhattan, covering state and local government finance as a Reporter and later Executive Editor for TM3.com and as Editor in Charge of Municipal Finance for Reuters News. Later, he was the Editor of Municipal Finance Today at SourceMedia. Barnett has also worked for DebtWire/Municipals and has written about commercial real estate in South Florida and the Midwest for both The Real Deal and Globe Street. Barnett is currently a Reporter at The Bond Buyer.
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The municipal bond market was taking a pause Friday after seeing a rather hefty supply of new issues priced in the primary this week.
May 6 -
For the 31st week in a row, municipal bond funds reported inflows, according to Lipper data released Thursday. Weekly reporting funds saw $709.727 million of inflows in the week ended May 4, after inflows of $1.173 billion in the previous week, Lipper said.
May 5 - New York
New York City on Thursday announced new underwriting syndicates for its bond sales and those of the Transitional Finance Authority and Municipal Water Finance Authority. The city said the selections represent an increase to 31% in the share of minority and women-owned business enterprises assigned on a rotating basis as book-running senior managers.
May 5 -
Conning has lowered its outlook on municipal credit for U.S. states to stable from improving as revenue growth began to show signs of strain amid rising expenditures. In its State of the States credit report for the first quarter, the investment firm said states have started to ramp up spending after years of restrained expenditures even as growth in revenue slows.
May 4 -
Top quality municipal bonds were mostly steady at mid-session, traders said, as the market watched events unfold in the commonwealth of Puerto Rico and Atlantic City.
May 2 -
Municipal bond traders are set for the weeks scheduled $8.17 billion of new supply, which consists of $6.45 billion of negotiated deals and $1.72 billion of competitive sales.
May 2 -
Top rated municipal bonds finished steady to stronger on Friday, according to traders, who once again looked ahead to a healthy new issue slate. Total volume for the upcoming week is estimated by Ipreo at $8.17 billion.
April 29 -
Top rated municipal bonds were steady to stronger at mid-session, according to traders, who they once again look ahead to a healthy new issue slate. Total volume for next week is estimated by Ipreo at $8.17 billion, up from a revised total of $7.25 billion sold this week, according to Thomson Reuters.
April 29 -
The municipal bond market is taking a day to digest this weeks beefy new issue calendar, which was dominated by large healthcare deals.
April 29 -
For the 30th week in a row, municipal bond funds reported inflows, according to Lipper data released Thursday, as demand for tax-exempts remained high through tax season.
April 28 -
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose two basis points to 3.96% from 3.94% in the previous week.
April 28 -
Top-shelf municipal bonds finished stronger on Thursday, according to traders, as the last of the weeks new big issues came to market.
April 28 -
Top-shelf municipal bonds remained stronger at mid-session, according to traders, as the last of the weeks new big issues were coming to market.
April 28 -
Top-shelf municipal bonds were stronger in early activity, according to traders, as the last of the weeks big new issues were set to come to market.
April 28 -
Sewon Kim has joined Siebert Brandford Shank as head of its Transportation Banking Group, the firm announced on Wednesday. Kim, a 16-year industry veteran, will be based in the firms New York City headquarters on Wall Street.
April 27 -
Top rated municipal bonds ended stronger on Wednesday, according to traders, as a California issuer came to market with almost $1 billion of bonds just one day after the massive Ascension Health Alliance deal was priced.
April 27 -
Top rated municipal bonds were slightly stronger at mid-session, traders said, ahead of the Federal Reserves announcement on interest rates.
April 27 -
The municipal bond market is set for more new issuance to hit the screens, with a big California issue slated one day after the massive Ascension Health Alliance deal was priced.
April 27 -
New YorkNew York Mayor Bill de Blasio unveiled his $82.2 billion executive budget, which he said relies on progressive, responsible and honest budgeting.
April 27 -
Top quality municipal bonds finished weaker on Tuesday, traders said, as several big healthcare offerings hit the market, headlined by the largest deal of the week. Morgan Stanley priced Ascension Health Alliances $1.2 billion healthcare deal through four conduit issuers for the Ascension Senior Credit Group.
April 26
