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 CUSIP requests declined in July after four straight months of volume increases, suggesting a slowdown in issuance ahead.
August 8 -
The municipal bond market saw more supply hit the screens on Wednesday, topped by New York City’s big general obligation bond offering.
August 8 -
New York, Wisconsin and California issuers priced bonds as investor demand continued to support municipal debt, analysts and traders said. Deals ran the gamut from high-grade to high-yield.
August 7 -
Led by issuers in New York, Minnesota and Michigan, municipal bond buyers saw more supply head their way on Tuesday.
August 7 -
The market is prepping for $7.5 billion of new paper that is set to hit the market, as more than $50 billion in August redemptions free up cash to buy bonds.
August 6 -
The market was quiet on Friday ahead of a $7.5 billion new issue calendar as more than $50 billion in August redemptions frees up cash to buy bonds.
August 3 -
Municipal bond buyers will get to see a larger than average new issue slate.
August 3 -
Municipals were mixed on Thursday as the bond markets await Friday’s release of July’s employment report.
August 2 -
Municipal bond buyers saw some supply hit the screens on Wednesday as demand stayed strong.
August 1 -
In the competitive arena, Maryland sold two deals totaling over $500 million on Wednesday.
August 1 -
Puerto Rico issues rallied on a restructuring agreement for the power company, while municipal bond buyers saw some new supply head their way.
July 31 -
Puerto Rico issues rallied after reports the island’s electric company struck a debt restructuring agreement with its bondholders.
July 31 -
Despite recent softness, the supply demand imbalance is uplifting the market, according to a new report.
July 30 -
Municipal bonds were mixed ahead of this week’s $4.4 billion calendar.
July 30 -
Weekly municipal bond volume is estimated at $4.4 billion for the upcoming week.
July 27 -
Municipal bond volume will dip to under $5 billion next week, according to estimates released on Friday.
July 27 -
Sporadic trading and price firmness drove the municipal market on Thursday.
July 26 -
Price stability was outweighing trading activity and volume on Thursday morning in the municipal market.
July 26 -
Municipal bond buyers were singing “I love New York” on Wednesday as they grabbed bonds from two Empire State issuers.
July 25 -
Two big New York issuers came to market on Wednesday as municipal bonds were little changed in secondary action.
July 25
