Christine Albano is a reporter in the Investor’s & Investing beat, which she has covered for the past two decades. She has a wide range of buy side sources in the municipal market and has covered trends affecting retail investors, institutions, municipal mutual funds, tax-exempt money market funds, and the high-yield beat. She has also written about some of the industry’s biggest issues, such as historic defaults in Orange County, Calif., Puerto Rico, and Jefferson County, Ala., as well as the collapse of the variable-rate demand market. In addition, she reported on the subsequent 2008 financial crisis, and the death of municipal bond pioneer Jim Lebenthal. She provided next day coverage of the impact on the municipal bond market of the Sept. 11 terrorist attacks on the World Trade Center, and recently interviewed The Vanguard Group Inc. founder, former chief executive officer, and investment guru John C. Bogle about the best investing advice for the municipal market.
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The Lone Star State sold $8 billion of notes to buyers with an endless appetite for short-term muni paper.
By Chip BarnettAugust 21 -
The municipal team at PIMCO see several areas of opportunity for muni investors in the second half of 2019.
By Chip BarnettAugust 20 -
Short-term notes rose 17.9% in the first half of 2019 based on low rates, high demand, flatter yield curve and a backlog of projects.
August 19 -
After a wild and crazy week that saw the yield curve invert for the first time in 12 years, recession talk, and record lows for muni yields — there was a much calmer tone on Friday.
August 16 -
The wait is over. After seven months without seeing one week of double digit issuance, municipal bond investors will finally get a supply surge.
August 2 -
Municipal and Treasury markets rallied one day after the Fed cut interest rates by 25 basis points and after President Trump declared more tariffs on China — all of which caused the 10-year Treasury to dip below 1.90%.
August 1 -
The municipal market got what it expected, when the FOMC announced its decision to lower rates.
July 31 -
The municipal market saw a a flurry of deals come and go on the day before the Federal Reserve will presumably cut interest rates.
July 30 -
After a short-lived retirement, Lyle Fitterer will join Baird Advisors as co-head the municipal investment team at the Milwaukee-based asset manager.
July 30 -
Connecticut on Thursday sold its first bond offering since it passed a budget last month.
By Paul BurtonJuly 25