Buy side

Its triple-A bonds have recovered after cheapening earlier this year under a pressure campaign from the Trump administration.

Municipal Market analytics hired Marvis Gutierrez in response to growing demand for the firm's services and plans to keep hiring. 

Carving up risk allows buyers who normally shy away from junk bonds to buy the pooled securities.

"While the shutdown will eventually be resolved, present circumstances may catalyze tactical investment opportunities as a way to capture even more compelling yield and income opportunities," said Jeff Lipton, municipal market intelligence analyst for The Bond Buyer.

Sophisticated issuers and investors shared insights into how they navigate the complexities of the municipal bond market at The Bond Buyer Infrastructure event.

Retail offerings from California and Connecticut led the market Wednesday.

Secondary selling pressure and the larger calendar weighed on the market Tuesday.

Capital Group joins a small, but growing number of shops that have added, or considered adding, muni ETFs to their model portfolios.

Walter O'Connor's decades-long tenure as a municipal bond portfolio manager at BlackRock will come to an end next year. 

A mix of broader market dynamics and Chicago-specific pressures is driving the widening spreads, investors said.