Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in Long Beach, N.Y., working his way up from reporter to Assistant Managing Editor. Siegel also worked for Prentice-Hall in Paramus, N.J., covering human resources issues. Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.
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A love of transportation melded with a summer internship, allowing Christopher Elmore to find a career path.
September 9 -
Supply clocks in at $5.987 billion for the holiday-shortened week. Municipal new-issue volume is still lagging demand with Bond Buyer 30-day visible supply at $10.30 billion, while Bloomberg shows net negative supply at $11.430 billion.
September 3 -
Refinitiv Lipper reported just over $1 billion of inflows into municipal bond mutual funds, an $800 million drop from a week prior, moving the four week moving average to $1.6 billion.
September 2 -
ICI reported $1.99 billion of inflows into municipal bond mutual funds, bringing the total to $69 billion for 2021.
September 1 -
Daily bid-wanteds totals per Bloomberg have fallen to an average par value below $450 million from $640 million per day during the first quarter and $549 million in the second.
August 31 -
Returns of negative 0.40% would be the third-worst August performance of the past 10 years, according to Bloomberg data.
August 30 -
Experts agreed that Federal Reserve Board Chair Jerome Powell acknowledged the Fed could start tapering this year and that it would have no implications for liftoff, but not everyone was satisfied with what they heard.
August 27 -
Refinitiv Lipper reported $1.9 billion of inflows, high-yield gaining $524 million, the 25th consecutive week of inflows into municipal bond mutual funds.
August 26 -
The Investment Company Institute reported $2.3 billion of inflows, bringing 2021 totals to $67 billion.
August 25 -
While municipals were little changed, broader markets remain focused on Jackson Hole and speculating what will be said about tapering.
August 24
