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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Prices of top-rated municipal bonds ended flat on Thursday, traders said, with yields on some maturities unchanged. Elsewhere, another sector of the muni market has been garnering interest from investors and analysts taxable municipal bonds.
February 12 -
The municipal bond market was taking a breather on Thursday from the heavy slate of deals that came to market on Wednesday.
February 12 -
Municipal bond traders will be keeping both eyes wide open on Wednesday - with one eye on new issue supply and the one on rising bond yields.
February 11 -
Prices of municipal bonds were lower along with Treasuries, traders said, on the heels of a better-than-expected U.S. employment report.
February 6 -
Municipal bond market participants are looking ahead to next week's new-issue slate with a bit of trepidation as they keep a keen watch on yields.
February 6 -
Prices of top-rated municipal bonds moved lower yet again, as yields on some bonds closed as much as two basis points higher on Thursday. Yet even after the recent volatility in the market, munis continue to exhibit attractive characteristics for investors.
February 5 -
Prices of top-rated municipal bonds were unchanged at mid-session, as yields remained flat even as Treasury prices moved lower. Participants are keeping an eye on yields after they reversed course and began rising on Monday.
February 5 -
Market participants on Thursday will be watching the direction of bond yields after this week's turnabout. On Wednesday, prices of top-rated municipal bonds fell for the third day in a row as yields on some top-quality munis rose by as much as five basis points.
February 5 -
The municipal bond market is seeing more deals being priced Wednesday this time on the negotiated side after more than $2 billion of competitive new issues came to market on Tuesday.
February 4 -
The municipal bond market saw over $1.7 billion of new supply hit the screens in less than an hour as Pennsylvania, Wisconsin and a Virginia issuer all sold bonds in the competitive arena.
February 3 -
The municipal bond market was set today for three big competitive sales, totaling more than $1.7 billion.
February 3 -
Prices of top-quality municipal bonds ended higher along with Treasuries on Friday, traders said, as some muni yields fell by as much as four basis points.
January 30 -
Prices of top-quality municipal bonds were stronger with Treasuries at mid-session, traders said, after the GDP report showed the U.S. economy grew more slowly than had been expected.
January 30 -
The municipal bond market is already looking ahead to next week when the state of Pennsylvania will return to head the new issue calendar as it sells the $1 billion general obligation bond offering which was snowed under this week.
January 30 -
The municipal bond market was winding down the week on Thursday as it saw a big, last-minute deal come to market from a Florida issuer.
January 29 -
The municipal bond market will see a few new deals come to market on Thursday, the biggest of which was added at the last minute.
January 29 -
The big Kentucky issue came to market on Wednesday even as much of the municipal bond market was still digging out and getting back to normal after an East Coast snowstorm curtailed trading activity on Monday and Tuesday. Prices of high-quality municipal bonds were stronger along with Treasuries, traders said, after the Federal Open Market Committee kept rates unchanged.
January 28 -
The municipal bond market calendar seems to be weathering the storm today. While some issuers have postponed their deals, the Pennsylvania bond sale and the Utah Transit Authority sales currently remains on track. Meanwhile, prices of high-quality municipal bond were unchanged at mid-session.
January 26 -
Some seldom seen issuers are returning to the municipal bond market in the upcoming week as sales slip slightly. Total new issue volume is estimated at $6.138 billion for the week, according to Ipreo and The Bond Buyer. This is down from the $6.992 billion of new supply that priced last week, Thomson Reuters said.
January 23 -
The municipal market returned to work on Tuesday as the recent rally in municipal bond prices stalled out a bit. Prices of the highest-rated municipal bond prices were mostly unchanged at mid-session, traders said. Trading resumed after the Martin Luther King, Jr., holiday on Monday.
January 20
