Christine Albano is a reporter in the Investor’s & Investing beat, which she has covered for the past two decades. She has a wide range of buy side sources in the municipal market and has covered trends affecting retail investors, institutions, municipal mutual funds, tax-exempt money market funds, and the high-yield beat. She has also written about some of the industry’s biggest issues, such as historic defaults in Orange County, Calif., Puerto Rico, and Jefferson County, Ala., as well as the collapse of the variable-rate demand market. In addition, she reported on the subsequent 2008 financial crisis, and the death of municipal bond pioneer Jim Lebenthal. She provided next day coverage of the impact on the municipal bond market of the Sept. 11 terrorist attacks on the World Trade Center, and recently interviewed The Vanguard Group Inc. founder, former chief executive officer, and investment guru John C. Bogle about the best investing advice for the municipal market.
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Municipals were weaker in the 10-year range by as much as one basis point on Monday as all eyes fixate on election results.
November 2 -
New Jersey said it expects to issue up to $4.5 billion of tax-exempt and taxable bonds the week of Nov. 18 under the COVID-19 Emergency Bond Act.
October 29 -
Taxables march on while ICI reports billions of inflows and secondary trading shows long-end strength.
October 28 -
Municipal bonds were steady to stronger on Tuesday. Taxable issuance continues its record growth, putting overall issuance on pace to be the largest year on record.
October 27 -
Municipals were in a holding pattern ahead of this week's $15.8 billion new-issue slate as issuers pour debt into the market and investors remain cautious ahead of election results.
October 26 -
Municipals held firm Friday as the market gets set for another week of hefty supply. Citi anticipates $550 billion in 2021, led by surge in taxable issuance.
October 23 -
The current deal deluge is causing a minor yield pullback, but levels have been steadier than many probably thought, trader said.
October 21 -
The coronavirus pandemic took its toll on Hawaii's credit rating Monday as Fitch cuts the Aloha State's GOs to AA. NYC TFA announces $1.1B sale for next week.
October 19 -
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Head of U.S. Public Finance Origination, Rothesay Asset Management
October 19 -
Municipals finished little changed Wednesday as a hefty slate of new deals came to market.
October 14 -
Municipals were mostly unchanged with a firm tone on Tuesday, according to market participants, ahead of the week's large new-issue calendar that's heavy on taxables.
October 13 -
After COVID-19 left NYC with a ratings downgrade, the city offered retail investors first crack at its $1 billion GO deal. The San Francisco Public Utilities Commission will be the first issuer to publicly list on an international exchange in an attempt to lure foreign investors.
October 5 -
The Puerto Rico Housing Finance Authority’s deal came in three times oversubscribed and was an important step in the Commonwealth’s return to the capital markets.
September 30 -
ICI reports another $2 billion inflow week while new issues fare well. High-grades around the 2026 maturity were trading in large blocks showing stability.
September 23 -
Rates remain stagnant even as UST rallied Monday. Large deals from NYC and Texas issuers are on deck for Tuesday.
September 21 -
Global investment firm expands ETF suite to boost yield, liquidity, and diversification opportunities.
September 21 -
On Friday, municipals finished little changed, with yields remaining steady along most of the AAA GO scales.
September 18 -
Municipals held firm ahead of a strong supply stream of bonds in a calendar heavy with taxable and green bond deals.
September 11 -
Longer-dated municipals strengthened Thursday as transportation deals from Oregon, Texas and Atlanta issuers came to market.
September 10
