-
Refinitiv Lipper reported $2.64 billion of inflows into municipal bond mutual funds. The overwhelming demand for the large deals priced this week demonstrates the flood of available cash that continues to support a strong market.
February 11
-
While most observers expect inflation to grow as the economy heals, the latest CPI numbers suggest that it hasn't yet arrived.
February 10
-
Even if there was some hesitation in the past few sessions to accept lower municipal yields given rich valuations, municipals continue grinding lower. One- and two-year AAA yields hit record lows of 0.06% and 0.08%, respectively.
February 9
-
Why has inflation remained low and how will the economic recovery impact it? Several experts offer their views as to whether inflation is or will be a problem.
February 8
-
The January employment report headline number disappointed while stimulus news lifted equities and U.S. Treasuries rose on both counts. Municipals ignored those moves ahead of another week of less-than-ample supply.
February 5
-
No rate hikes in sight as employment continues to struggle and inflation should rise this year, but not enough to force the Fed to raise rates.
February 4
-
Lumesis' president, COO and co-founder Tim Stevens talks about how AI complements the company’s pricing and scales software to predict the shape of a deal-specific municipal yield curve based on the structural and credit-characteristics and to use that predicted shape to fill-in portions of a yield curve that cannot be built from traditional means. Lynne Funk hosts. (35 minutes).
February 4
-
ICI reports a third week of $3-plus billion of inflows. Couponing is becoming as much a factor in inquiry as credit and issuers move to lower coupons in both competitive and negotiated deals.
February 3
-
Dealers say increased focus on systemic pennying has decreased its activity, while others aren't so sure.
February 3
-
Rich ratios focus buyers' eyes on a primary market that simply doesn't have enough supply to keep up with demand.
February 2
