Primary bond market

The market got technically stronger and the new-issue calendar builds.

Luis Maizel is co-founder of LM Capital, an employee-owned minority business in California. Maizel, one of the nation’s few Mexican-born fund and income managers, says he doesn’t see a recession coming. He also looks at U.S. GDP, inflation, interest rates and credit spreads amid the uncertainty of the U.S. election and the coronavirus expansion. Chip Barnett hosts.

Gov. J.B. Pritzker unveiled a $42 billion general fund budget for fiscal 2020.

New deals started to flow in and take advantage of historic lows of muni yields and rates.

Issuance is set to seesaw, as new-issue volume was the heaviest of the year last week, at almost 40% larger than 2019 weekly average. And this is expected to be one of the lowest-volume weeks of the year to date.

A wide variety of muni bonds are being offered to buyers this week as issuers take advantage of high demand and low rates.

Lack of supply continues while professional money keeps market liquid.

A nonprofit corporation will use the taxable and tax-exempt bonds to buy or refinance 28 skilled nursing facilities in Oklahoma and Texas.

The municipal market started off the week like gangbusters, but was ending very quietly on Thursday as the holiday-shortened week approaches.

The Academy of Motion Picture Arts and Sciences, presenter of the Oscars, is issuing debt to cover cost overruns on the museum it plans to open in December.

BlackRock's Sean Carney discusses the new era of challenges for muniland, including climate change and cyber security. He also opines about the growing trend of taxable issuance. Aaron Weitzman hosts.

The municipal primary saw billions of new deals hit the market, but the final yields on the biggest deal of the day result in something that the market hadn’t seen in a while — a repricing to higher yields.

The muni primary saw a flood of issuance on Tuesday, with the majority of it being from Texas issuers including one deal that got majorly upsized.

The Community Preservation Corp. says its inaugural sustainability offering is the single largest bond sale by a community development financial institution.

Issuers are coming to market in droves this week as they try to take advantage of excellent market conditions and get deals done before upcoming holiday shortened week.

Investors will see less-common names, higher-quality new issues in $8.3B week.

Municipal investors should go long as the short end is expensive, strategists say.

It's a win-win situation for both buyers and sellers as volume continues to flow into the market.

Next week's deal will be sold at auction but Washington's state finance team says it is is agnostic about using negotiated or competitive sales to price bonds.

The muni market was weaker again on Wednesday with yields on the rise, yet that did not slow down the primary. It did not matter if it was tax-exempt or taxable — they were gone in a flash.