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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"Despite a pick-up in volatility in the rates market, municipals have been performing relatively well in October," according to Barclays PLC.
October 14 -
Refinitiv Lipper reported $2.262 billion of outflows from municipal bond mutual funds for the week ending Wednesday after $2.057 billion the week prior.
October 13 -
The Investment Company Institute reported $5.128 billion of outflows for the week ending Oct. 5 after $5.374 billion of outflows the previous week.
October 12 -
Most top 10 issuers are from New York and California, with New York issuers overtaking the Golden State year-over-year.
October 11 -
Minor shuffling among the top municipal underwriters characterized the year-over-year differences, with the same underwriters remaining in the top 10.
October 11 -
Munis are in the black so far in October and some participants see signs of continued improvement.
October 11 -
Bids wanteds are on the rise, but a constructive secondary market showed a steady to firmer market in the past two sessions. ICI's latest outflows figure is the highest since June.
October 5 -
Triple-A yields fell four to 10 basis points across the curve amid robust secondary trading with high-grade names showing clear moves to lower yields.
October 4 -
Munis open October firmer, underperforming a UST rally, but September closed out the month with 3.84% losses — the single largest monthly loss since September 2008.
October 3 -
The launch helps Schwab to broaden its footprint in munis, allowing the firm to expand its line-up for investors who are looking for broad muni exposure at a much lower price point.
October 3
