Primary bond market

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.

New muni and taxable muni issuance was easily absorbed as yields rose off of the record lows they landed last week.

The municipal market has been on a tear in terms of fundamentals and technicals that are driving the market and there isn’t much in the near-term likely to stymie that tone.

If the new projections bear out Wisconsin would bolster cash and reserve balances while trimming a longstanding GAAP deficit

After lawmakers reversed course on a plan to lower income taxes while taxing grocery-store food, triple-A Utah will sell $450 million of GO bonds.

After a 117% increase in taxable bond issuance in January, the trend continues.

Municipal bond buyers will see a $7 billion new-issue calendar ahead.

Thanks to the taxable tear, the municipal market saw the third highest volume for the month of January in the past 10 years.

It was a record day in the market in a couple of different ways, as yields descended further to new record lows on both the 10- and 30-year and the market saw the lowest yield ever for a century bond.

Daryl Clements, portfolio manager at AllianceBernstein, breaks down what trends from 2019 will carry into 2020 and those that might emerge in the new year. Hosted by Aaron Weitzman.

Despite tax-exempts being expensive, strong technicals are likely to extend into February.