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.
-
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 -
Municipal bonds held firm Thursday as one trader urged buyers to find opportunities by using an old basketball offensive philosophy.
March 1 -
Municipal bonds were trading firmer Thursday as the last of the week's big deals came to market.
March 1 -
Municipal bond buyers welcomed several big deals on Wednesday as demand outpaced new bond supply.
February 28 -
Playing a waiting game on Wednesday, portfolio managers were looking for volume to normalize.
February 28 -
Federal Reserve Board Chair Jerome Powell’s testimony before Congress was perceived by some market participants as increasing the possibility of a tighter monetary policy.
February 27
