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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Municipal investors are somewhat tepid on current low rates Monday ahead of the week's $`11.5 billion of new supply.
August 17 -
Municipal bonds were steady to weaker as billions of dollars in new deals hit the screens Tuesday.
August 11 -
Municipals rallied Friday, with yields dropping by as much as one basis point on the long end.
August 7 -
Money managers say investors should be cautious, monitor credits, both high-yield and high-grade, and keep an eye out for taxable issuance.
August 6 -
Municipal yields fell as much as three basis points on the long end of the AAA curves.
August 4 -
Municipal bonds finished out the month on a strong note, with yields dropping by as much as two basis points on Friday.
July 31 -
The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.
July 27 -
Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.
July 24 -
King Co., Wash., Port of Houston and San Antonio deals went up for grabs Tuesday.
July 21 -
Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.
July 20 -
For the 10th week in a row, investors put cash into tax-exempt mutual funds with Refinitiv Lipper reporting a $857 million inflow.
July 16 -
New York issuers jump in for retail and Texas Transportation also makes an appearance as attractive low yields lure more issuers in. However, some participants say caution is warranted as the coronavirus spread widens in the South and West.
July 15 -
Supply-hungry buyers look forward to all of the week's new bond issues.
July 10 -
Municipal bond prices remained steady as more supply hits the screens.
July 8 -
Municipals showed strength Tuesday in the face of new supply as long yields dipped as much as two basis points.
July 7 -
Municipals finished little changed ahead of this week's new-issue slate while retail investors are coming back into the market.
July 6 -
Traders and strategists say the dearth of tax-exempt debt and the surge of taxable issuance is keeping the market steady.
July 1 -
Municipal bonds were little changed as the first half of a tumultuous year comes to a close.
June 30 -
Municipal bonds finished mostly steady on Friday ahead of a $7.2 billion holiday week new issue calendar.
June 26 -
Municipal bond funds and ETFs saw combined inflows of $2.942 billion in the week ended June 17, ICI said.
June 24
