Buy side

Municipal bond buyers are heading off to Chicago this week to attend the Windy City’s annual investor conference.

In the week ended Aug. 3, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged at 4.02% from the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices fell three basis points to 4.02% from the previous week's 4.05%.

Robert Wimmel, head of the municipal fixed income team at BMO talks about first half trends in the muni market, including tremendous performance from the asset class and investment strategies that he is using based on current market conditions. He also talks about Chicago and how that situation shakes out. Hosted by Aaron Weitzman.

In the week ended July 20, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell six basis points to 4.05% from 4.11% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The lockbox provision could allow issuers to borrow at higher ratings, but may punish existing bondholders.

A decreased reliance on bonds to finance capital investments has created a need for more municipal market research tools, experts said.

With the first half of the year officially in the books, we take a look at long-term municipal bond issuance.

Most Alaska bonds will still be paid in the event of a government shutdown, its debt manager said.

Illinois’ credit distress makes some investors wonder about New Jersey, according to Citi analysts who see Garden State opportunity.