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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The Lone Star State sold $8 billion of notes to buyers with an endless appetite for short-term muni paper.
August 21 -
The municipal team at PIMCO see several areas of opportunity for muni investors in the second half of 2019.
August 20 -
Short-term notes rose 17.9% in the first half of 2019 based on low rates, high demand, flatter yield curve and a backlog of projects.
August 19 -
After a wild and crazy week that saw the yield curve invert for the first time in 12 years, recession talk, and record lows for muni yields — there was a much calmer tone on Friday.
August 16 -
The wait is over. After seven months without seeing one week of double digit issuance, municipal bond investors will finally get a supply surge.
August 2 -
Municipal and Treasury markets rallied one day after the Fed cut interest rates by 25 basis points and after President Trump declared more tariffs on China — all of which caused the 10-year Treasury to dip below 1.90%.
August 1 -
The municipal market got what it expected, when the FOMC announced its decision to lower rates.
July 31 -
The municipal market saw a a flurry of deals come and go on the day before the Federal Reserve will presumably cut interest rates.
July 30 -
After a short-lived retirement, Lyle Fitterer will join Baird Advisors as co-head the municipal investment team at the Milwaukee-based asset manager.
July 30 -
Connecticut on Thursday sold its first bond offering since it passed a budget last month.
July 25 -
Investor demand for New York City bonds allowed underwriters to move the sale up by a day.
July 23 -
Investors are also facing the imbalance of summer reinvestment season and the typical mid-year volume deceleration in July and August.
July 18 -
The municipal bond market will continue to see a swarm of mid-sized deals that will be taken down with ease, continuing the good times that have been fueled by 27 straight weeks of fund inflows.
July 12 -
The education sector dominated the municipal bond market on Thursday as several big deals hit the screens.
July 11 -
Municipal managers and analysts say the new quarter will see less volatility and more opportunity for value and upside potential.
July 3 -
Buyers of short-term municipal paper were treated to over $1.5 billion of notes from a big California issuer on Wednesday.
June 26 -
Municipal deals flowed into the market on Tuesday, led by offerings from New York City, Ohio and Illinois issuers.
June 25 -
The Federal Open Market Committee is meeting this week and the muni market is looking for rate cut signals.
June 17 -
The supply-demand imbalance, a long-term volume horoscope and valuing climate change were among the topics debated at The Bond Buyer's Midwest Conference.
June 13 -
The first of the week’s new-issue slate sold on Tuesday, led by deals from issuers in California, New York and Ohio.
June 11
