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.
-
A stratified credit differentiation can be expected to linger for the foreseeable future until revenue streams in sales-tax and other project-backed bonds are more fully restored. Pension obligation bonds are back in California.
April 20 -
While many new-issues are still on the day-to-day calendar for next week, more are being slated to price on specific days, signaling that dealers and issuers are ready to again test the primary.
April 17 -
The coronavirus has shaken the foundation of the municipal market and participants are looking cautiously to the Fed while attempting to adjust to the sustained volatility.
April 16 -
Technical and fundamental concerns surrounding credit and supply could present challenges for the market going forward but participants tepidly welcomed signs of stability.
April 14 -
He served a third of his career as a senior managing director of Citi’s Institutional Clients Group, a role from which he retired in June 2019.
April 8 -
Barber and Amoroso will work together during a temporary transition phase.
March 20 -
Note issuance was particularly heavy in the second and third quarters of 2019.
February 24 -
Ted Palatucci was a U.S. Navy veteran who went on to a long career in the municipal bond industry, most recently at Andres Capital Management.
February 4 -
Debate over taxables, climate, ESG, possible infrastructure bill hang over 2020.
January 28 -
Large taxable deals fare well while gilt-edged Delaware yields track in line with AAA benchmarks in competitive deal.
January 22 -
Municipal bond buyers have plenty of cash in hand and will have various options as to where to put that money to work.
January 3 -
After what one analyst called the muni market's "most eventful" decade, investors are expected to be greeted by continued heavy volume in 2020.
January 3 -
The Dormitory Authority of the State of New York priced its $3.39 billion of bonds, most likely the last billion-plus sale of 2019.
December 18 -
The primary municipal market saw fresh paper greeted by bond-craving investors who are looking to put money to work before a new decade dawns.
December 17 -
Fresh on the heels biggest volume week of the year — and in nearly two years — the market is keeping the pedal to the metal.
December 6 -
The muni primary was busier than expected, as two mega deals priced one day early to take advantage of market conditions.
December 4 -
A flurry of secondary trading in the 10-year spot was being driven on Tuesday by the volatility in the equity market — as well as the attractive percentage to Treasuries.
December 3 -
It's a feast after a feast as billions in bonds are set to hit the marketplace.
November 27 -
Municipal fund managers are betting on lower credit quality paper and lower coupon bonds as they take advantage of the swell in supply.
November 27 -
With the addition of two new municipal funds, Baird appeals to more shareholders while expanding its current offerings.
November 20
