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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Municipal bond volume will dip to under $5 billion next week, according to estimates released on Friday.
July 27 -
Sporadic trading and price firmness drove the municipal market on Thursday.
July 26 -
Price stability was outweighing trading activity and volume on Thursday morning in the municipal market.
By Chip BarnettJuly 26 -
Municipal bond buyers were singing “I love New York” on Wednesday as they grabbed bonds from two Empire State issuers.
By Chip BarnettJuly 25 -
Two big New York issuers came to market on Wednesday as municipal bonds were little changed in secondary action.
By Chip BarnettJuly 25 -
California’s Infrastructure bank hit the municipal market with a big note offering on Monday, while a New York City Transitional Finance Authority deal was offered to retail buyers.
By Chip BarnettJuly 24 -
Kroll says the use of rating ceilings can "subvert fundamental credit analysis."
July 24 -
The big New York City issue was priced for retail investors and a large California note issue was offered to buyers, while municipals turned weaker in secondary trade.
By Chip BarnettJuly 24 -
Municipals turned weaker on Monday as traders prepared their strategies ahead of the week’s issuance.
By Chip BarnettJuly 23 -
Redemption demand should continue to surface this week even with the arrival of new issuance, municipal sources said.
By Chip BarnettJuly 23