Secondary bond market

If anyone had doubts about the market's ability to digest the largest weekly issuance influx in nearly two years, those can be put to bed now that all the deals have come and gone.

The muni primary was busier than expected, as two mega deals priced one day early to take advantage of market conditions.

A flurry of secondary trading in the 10-year spot was being driven on Tuesday by the volatility in the equity market — as well as the attractive percentage to Treasuries.

Build America Mutual has hired Dan Bingham, who will join BAM’s capital markets team in the newly created role of head of institutional markets.

The municipal market is bracing for the biggest issuance week in nearly two years, led by three billion-plus deals.

Bill Black, senior portfolio manager and managing director at City National Rochdale discusses the high yield muniverse, being selective and where he sees opportunities. Aaron Weitzman hosts this podcast, which was recorded in early October.

It's a feast after a feast as billions in bonds are set to hit the marketplace.

All of the week's muni issuance hit Tuesday, as Thanksgiving will mute action for the next three days.

Citigroup got set to price the $632 million Main Street Natural Gas deal, while Goldman Sachs prepped $315 million of Emerald Renewable Diesel bonds.

The municipal market will get a pause from the breakneck issuance, as things will slow down for Thanksgiving but should pick up right where they left off the first week of December.