Buy side

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 4.15% from the previous week's 4.18%.

Are the markets are too focused on legislation being proposed by President Donald Trump and not enough on the strengthening U.S. Economy? Ronald Temple from Lazard Asset Management makes the case, as well as discusses the situation in China and Europe, and the coming cycle of rising inflation and interest rates. Hosted by Chip Barnett.

An emerging network technology that has begun to trickle into the securities industry has potential in the muni market.

Craig Brothers is among fund managers who are sticking with a shorter duration core strategy as the market awaits the Federal Reserve Board’s June decision on rates.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose one basis point to 4.23% from the previous week's 4.22%.

KeyBanc Capital Markets added to its fixed income team with the addition of Chris O’Neil and Jeffrey Tucker to the securitized products sale team.

Construction continues on new nuclear power plants in Georgia and South Carolina after the Westinghouse bankruptcy, but the Chapter 11 filing raises concerns for investors in the units, including public power utilities who issued billions in municipal debt.

In the week ended March 30, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.22% from 4.27% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Now that health care is taking a back seat to tax reform in the Trump administration, municipal portfolio managers are maintaining their investment strategies while bracing for changes on overall market demand and other technicals.

Westinghouse Electric filed for Chapter 11 bankruptcy, raising more questions about the prospects of two under construction nuclear units in the southeast that were partly financed with municipal bonds.