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 municipal market completed a few competitive deals and one notable negotiated sale on Tuesday, while awaiting the conclusion of the Federal Open Market Committee meeting.
March 20 -
The municipal market and its participants got a few competitive deals, but the two-day Federal Open Market Committee meeting looms large.
March 20 -
This week's miniature muni slate of under $3 billion means deals should have little trouble attracting investors.
March 19 -
The municipal bond market is facing two big challenges this week -- smaller-than-average supply and a monetary policy meeting of the Federal Reserve.
March 19 -
Supply plunges for the upcoming week, with Ipreo estimating volume at only at $2.9 billion, down from this week’s revised total of $5.0 billion, according to updated data from Thomson Reuters.
March 16 -
A spate of deals priced, as investors put more money into long-term municipal bond funds.
March 15 -
More supply hit the municipal bond market on Thursday as JPMorgan Securities won a sale from a rarely seen New York issuer and Morgan Stanley priced a big Florida deal.
March 15 -
New York City Transitional Finance Authority was able to cut yields amid healthy demand for its $1 billion bond sale Wednesday, as a drop in CUSIP requests signaled the supply drought may continue.
March 14 -
Jefferies priced the New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds and competitively sold $75 million of taxables.
March 14 -
Two New York issuers dominated the municipal bond market on Tuesday, bringing over $2 billion of new supply.
March 13 -
Two New York issuers are making their presence felt on Tuesday as they hit the market with over $2 billion in municipal bonds.
March 13 -
Retail buyers got first dibs on New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds
March 12 -
Municipal bond buyers will see a slightly smaller slate of sales next week as supply dipped from this week’s new issue calendar.
March 9 -
This week's big municipal bond deals got a warm reception from buyers as two New York issuers came to market.
March 8 -
The municipal bond market was described as "very dead" Wednesday, thanks to low yields, low supply, low participation from retail investors -- and snow.
March 7 -
Maryland sold $525 million of general obligation bonds into a subdued market on Wednesday.
March 7 -
California came roaring into the market on Tuesday, beating out the storm to appeal to both retail and institutional investors.
March 6 -
After a typically quiet Monday for municipals, market participants are eagerly awaiting the commencement of this week's new issue slate, which is led by California's $2.1 billion offering.
March 5 -
Municipals were sleepy on Monday, typical for the asset class after a quiet trading session on Friday where they outperformed Treasuries; some investors were looking ahead to the upcoming week’s supply, led by a pair of billion dollar deals from California and Oklahoma issuers.
March 5 -
While the mood remained tentative on the last day of the week, the municipal market looks forward to the upcoming $7.5 billion of new supply headed its way.
March 2
