Securitization

Investors are ready and waiting for another deal-driven week with an estimated $11.8 billion.

The action in the municipal market won't slow down yet, as bond hungry money managers will get a third week in a row of issuance greater than $11 billion.

Municipals spent Thursday following the rally in Treasuries, with new issues dominating the focus.

David Hammer, vice president and head of municipal bond portfolio management at PIMCO, discusses munis' historic year in terms of performance and inflows and breaks down what makes muni so attractive. This podcast, recorded in September, is hosted by Aaron Weitzman.

The municipal market was hit with a ton and a half of new issuance with bond hungry investors waiting with open arms and cash in hand.

The week’s new issuance got off to a slow start on Tuesday, but the Street is flush with cash and ready to pounce as the bigger deals price on Wednesday and Thursday.

In observance of Veterans Day, the bond markets were closed on Monday.

A day after a big correction, the White House sent mixed signals on Friday setting up a possible flight-to-quality for munis next week.

The number of trades decreased about 16% to 2.01 million from the same quarter in 2018.

A powerful equity market whacked Treasuries and munis followed suit and as much as a 7 bp correction ensued.

Investors downed a deluge of munis in what so far is living up to the billing of the busiest week of the year.

Municipals weakened along with Treasuries as stocks surged amid good earnings reports and economic data.

The junk-rated school district revised its fiscal 2020 budget to reflect the contract that ended a teachers' strike, but long-term questions remain.

Market attention turns to the taxable sector as some the week’s biggest deals are set to hit the screens.

After seeing a whopping $52 billion of new issuance in October, the new paper will continue to flood the market during the busiest week of the year.

With another fed funds rate cut in the books, munis saw a big drop in yields to close out the week and the month.

As is the case with the muni market, corporates remain strong. Owning higher-quality has been a theme. Our guest Matt Brill, head of U.S. investment grade credit at Invesco, warns that: "winter is coming" and to prepare while times are good. John Hallacy hosts.

Trade and geopolitical disruption will likely consume much of the policy narrative the rest of this week.

Tuesday saw bond sales come and go, the day before the Fed is expected to cut interest rates.

The deal led a rare burst of issuance for a Monday, with the start of the Federal Open Market Committee meeting set for Tuesday.