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.
-
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 -
Tuesday saw bond sales come and go, the day before the Fed is expected to cut interest rates.
October 29 -
The deal led a rare burst of issuance for a Monday, with the start of the Federal Open Market Committee meeting set for Tuesday.
October 28 -
Richard "Ad" Eichner was known as a pioneer for his work in multifamily housing and tax-exempt charter school bonds.
October 25 -
Massachusetts also came to market with a $1.4 billion sale of revenue anticipation notes in three offerings.
October 22 -
Muni veteran Triet Nguyen and fixed income expert Greg Carlin lend expertise in muni data analytics and sales to help broaden product line at DPC Data.
October 18 -
The last of the week’s big new issues hit the screens on Thursday.
October 17 -
Just in time for its $1.4 billion bond sale, California received a holiday present from Moody’s.
October 15 -
Rampant issuance continues with $12.4 billion, heavy on taxable deals. Meanwhile, the end of this volatile week had the secondary getting whacked with AAA benchmarks showing big cuts.
October 11 -
Issuers from New York, Florida and Nebraska offered buyers notes, bonds and taxable deals.
October 10 -
A large calendar this week should spark high demand, market participants say.
October 8 -
Muni yields were mixed as weak economic data pressured Treasuries and stock prices.
October 1 -
Most of this week’s municipal bond deals were well received, according to Peter Delahunt of Raymond James.
September 26 -
Vice President, Manager of Municipal Underwriting, Fidelity Capital Markets
September 23 -
Head of Municipal Credit Research, Whitehaven Asset Management
September 23 -
The primary market was somewhat stagnant after the FOMC but things should revert back how they were before — with most deals getting put away quickly.
September 20
