Jessica Lerner is a senior reporter and buy-side specialist for Bond Buyer where she writes the daily market column, the monthly volume story and longer trend stories. Prior to this, she worked as a beat reporter at two Connecticut newspapers. She earned her master's in business and economics reporting from the Craig Newmark Graduate School of Journalism and her bachelor's in journalism and statistics from the University of Connecticut.
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"Assured has signaled that it's willing to engage in this process not like a traditional insurer but rather more akin to a value-maximizing market participant," an analyst said.
By Caitlin Devitt and Jessica LernerAugust 27 -
Accelerating deals does not cause undue strain on the underwriters, said Ron Banaszek, co-head of public finance and lead underwriter at Blaylock Van.
August 26 -
Overall, most issuance comes from new money, driven by the inability to delay much-needed infrastructure upgrades. And with these higher rates, refundings don't make as much sense mathematically.
August 25 -
The announcement — which affects the 10- to 30-year part of the curve — sent longer-term UST yields falling up to 10 basis points on Wednesday.
August 21 -
Like state governments, most cities and counties remain on "solid footing" given high reserve levels and conservative budgeting, BofA strategists said.
August 21 -
Municipal bond volume currently stands at $372.991 billion in 2026, up only 0.8% from $370.022 billion at the same time last year.
August 19 -
An index of AMT bonds has gained 1.84% year-to-date, outperforming a broad non-AMT index by 92 basis points.
August 18 -
Use of a Missouri economic development tool has raised questions about whether Chapter 100 IRBs are an appropriate financing mechanism for data centers.
By Jessica Lerner and Jennifer SheaAugust 17 -
The muni market produced $294.884 billion of debt issuance in the first half of 2026, up 5.8% from the previous record of $278.694 billion in the first half of 2025, according to LSEG data.
August 17 -
Another sizable new-issue calendar this week will bring August's total to nearly $50 billion, around where the previous two August supply figures ended, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
August 17 -
Munis are in a holding pattern, NewSquare Capital's Kim Olsan said, and they're likely to remain so until the next FOMC meeting.
By Christina Baker and Jessica LernerAugust 12 -
The demand has its limits, however.
By Caitlin Devitt and Jessica LernerAugust 10 -
This week, issuance falls to an estimated $9.651 billion, with $6.611 billion of negotiated deals on tap and $3.04 billion of competitives, according to LSEG.
August 10 -
Scrutiny of what qualifies as a muni bond is coming, and when it happens, there will be direct implications for liquidity, pricing and investor protection across the market, said James Pruskowski, managing director at Hennion & Walsh.
August 6 -
Two hospital deals were among the first to price Monday, including $1.317 billion for Henry Ford Health and $1.118 billion of bonds for Intermountain Health.
August 4 -
Issuance was $44.928 billion in 694 deals, down 19.8% year-over-year from $56.055 billion across 860 transactions.
August 3 -
Issuance is an estimated $7.558 billion for the week of July 27, with $6.709 billion of negotiated deals on tap and $849.4 million of competitives, according to LSEG.
July 24 -
The top two municipal bond insurers wrapped over $18.012 billion across 819 deals in the first half of 2026, down from $21.97 billion in 878 deals in 1H 2025, according to LSEG data.
July 24 -
Muni yields were cut eight to 13 basis points, depending on the curve, while UST yields rose two to six basis points, pushing the two-, three-, five-, seven- and 10-year USTs to yearly highs.
July 23 -
Oil prices topped $100 a barrel Thursday morning as the U.S.-Iran conflict continues with no resolution in sight.
July 23



















