Lynne Funk is Senior Director, Strategy and Content, Live Media - Municipal Finance. She leads and shapes The Bond Buyer's six major events, serving as host, moderator, thought leader and brand ambassador. Lynne also is charged with creating innovative live media formats, including new conferences, virtual summits and podcasts to help serve our municipal finance community. Lynne has nearly two decades of experience in the public finance industry. She was most recently Executive Editor of The Bond Buyer. Previously, she was a director at Municipal Market Analytics, Inc., and in the Policy and Public Advocacy for the Municipal Securities Division at the Securities Industry and Financial Markets Association.
-
Supply, however, is still less than the massive amounts of cash on hand. Bond Buyer data shows 30-day visible supply at $12.53 billion.
July 16 -
U.S. Treasuries have been volatile the past five sessions, with municipals largely ignoring the ride. Participants mostly have accepted current rates and ratios as large amounts of cash slosh around a market with strong technicals.
July 15 -
A key demand component in the market again flexed its muscles with ICI reporting another round of $2 billion-plus fund inflows.
July 14 -
Lawyers for the commonwealth warned that Puerto Rico’s legislature will not pass the legislation for new bonds needed by the plan of adjustment if the plan cuts pensions.
July 14 -
Municipals outperformed U.S. Treasuries for a third sessions moving the 10-year municipal to UST ratio below 60%.
July 13 -
Most participants expect better performance for munis in the near-term. Longer-term, a lot depends on rates, COVID and other outside factors, such as infrastructure.
July 12 -
While municipals hit the pause button Friday, the movement in yields in the first week of July marked the largest one-week decline in 2021.
July 9 -
Pedro Pierluisi proposed two measures as an alternative to Law 7-2021, over which the Oversight Board sued the governor and the legislature a week ago.
July 9 -
Fund inflows are a demand component unlikely to slow during the heavy reinvestment season, keeping the yield environment squarely in issuers' favor.
July 8 -
PFM Asset Management will continue to operate as a separate entity. The deal does not affect PFM’s financial advisory business which will continue to operate independently.
July 8
