Lynne Funk is Executive Editor at The Bond Buyer. She leads markets coverage, is The Bond Buyer's Arizent Research Team liaison and contributes to Bond Buyer Conferences, Leaders and podcasts. Lynne previously worked on policy and markets at Municipal Market Analytics and in the Policy and Public Advocacy at the Securities Industry and Financial Markets Association.
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Growing new-issue supply is "adding to bidders' 'wait-and-see' mentality with a variety of credits coming to market at favorable spreads," said FHN Financial's Kim Olsan. Next week's calendar hits $8.4 billion.
January 19 -
Interest rate risk, stagnant bond volume, loss of revenue and a looming presidential election top the industry's concerns for 2024.
By Lynne FunkJanuary 12 -
BlackRock's Peter Hayes talks demand, liquidity challenges and how the muni industry has changed during his 35-year career — and where it's headed. Lynne Funk hosts.
By Lynne Funk -
"Buyers went all in on revenue-sector names, with that category earning 6.8% and beating out GOs by 127 basis points," said FHN Financial's Kim Olsan. "Sub-sectors within the revenue category pointed to a risk-on theme into year-end."
By Lynne FunkJanuary 2 -
This performance is a dramatic rebound from 2022's losses.
By Lynne FunkDecember 29 -
Issuers should "absolutely be issuing if possible; the end of year outlook is positive on the surface but substantial volatility lies just below and could arrest or interrupt what have been easier primary market conditions," said MMA's Matt Fabian.
By Lynne FunkDecember 12 -
Illinois spreads tightened considerably after ratings upgrades earlier this year. The state saw up to 10 bidders on $875 million of taxable and tax-exempt GOs.
By Lynne FunkNovember 29 -
Megan Kilgore and Virginia Wong talk about how navigating a challenging time in the municipal market has led them to rethink mentoring a younger generation of leaders, and how it is moving the public finance industry forward. Lynne Funk hosts. (39 minutes)
By Lynne FunkNovember 28 -
Along with Kilgore and Wong, 12 other honorees from the public and private sectors were chosen by the Northeast Women in Public Finance as Trailblazing Women in Public Finance.
By Lynne FunkNovember 15 -
Stephen Winterstein, founder of SP Winterstein and Associates, discusses how technology has changed and the improved product set and efficiencies in the muni market. Lynne Funk hosts. (25 minutes)
By Lynne FunkNovember 14