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.
-
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 -
The recent rally in municipal bond prices stalled out a bit on Friday, traders said, as yields finished mixed on the day, with price strength on the short end balanced off by weakness on the long end. Trading will resume on Tuesday after the Martin Luther King, Jr., holiday on Monday.
January 16 -
Municipal bond yields were mixed at mid-session, according to traders, as a recent rally in prices slowed slightly.
January 16 -
The municipal bond market on Friday is looking ahead to the many new issues coming to market in the holiday-shortened trading week while traders keep watch as yields of top-rated munis continue to decline.
January 16 -
The municipal bond market on Thursday is seeing the last of the week's big issues come to market while eying a slight pause in the recent rally in muni prices that has left yields lower.
January 15 -
The municipal bond market on Thursday is digesting the relatively hefty new issuance that hit the screens this week while eying the recent rally in muni prices that has left yields markedly lower this week.
January 15 -
The municipal bond market on Wednesday is watching the New York City Transitional Finance Authority issue, which has been priced for institutions.
January 14 -
The municipal bond market on Wednesday is set for the New York City Transitional Finance Authority to be priced for institutions after a two-day retail order period.
January 14 -
The municipal bond market on Tuesday saw a big California issuer sell the largest competitive deal of the week while a New York issuer is holding the second day of retail orders for its bonds.
January 13 -
The municipal bond market on Tuesday will see a big California issuer sell the largest competitive deal of the week while a New York issuer will hold a second day of retail orders for its bonds.
January 13 -
The municipal bond market saw the $750 million New York City Transitional Finance Authority deal priced for retail investors on Monday while the $743 million King County, Wash., bonds were priced for institutions.
January 12
