Markets

The city will return to the market two weeks after closing its Transitional Finance Authority's biggest-ever deal.

The muni market tends to have "remarkable patience" in relation to USTs, said BofA strategists.

Karl Knight worked as chief of staff for U.S. Virgin Islands Gov. Albert Bryan Jr.

Despite munis being mixed Thursday, the muni AAA yield curve remains inverted, said Taylor Huffman, a client portfolio manager at PTAM.

V2 Municipal Capital will source deals exclusively for Fundamental Advisors.

"While supply has been outsized over the last several weeks, the market has also seen outsized reinvestment demand over the last several months," said Nuveen strategists.

This week again sees elevated supply, as issuance sits at $9.673 billion, with Tuesday being a very busy day.

The Texas Water Development Board expects to sell up to $1.8 billion of tax-exempt and taxable bonds in September.

The initial reaction was a little bit a flight-to-quality trade in rates, which is supportive of USTs and munis as safe-haven assets do well during times of uncertainty, said Chris Brigati, senior vice president and director of strategic planning and fixed income research at SWBC.

Encompassing roughly 270,000 acres, or about 420 square miles, the mixed-use property owned by the publicly traded Tejon Ranch Co. has long been at the center of a debate over wildfires and urban sprawl.