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The muni market shrugged off this morning's GDP numbers as Treasuries weakened across the curve.
By Kate SmithJuly 30 -
A light primary calendar gets put on hold as the market awaits two of this week's most important economic events: the GDP report and the FOMC statement.
By Kate SmithJuly 30 -
Bids for munis in the secondary market surged Tuesday as investors looked for safe places to park funds amid heightened international tension.
By Kate SmithJuly 29 -
The Hawaii highway deal set to price Tuesday will benefit from a combination of inflows and a light issuance week on the primary calendar.
By Kate SmithJuly 29 -
Maryland's general obligation sale was the most talked about story on trading desks this past week as the market anticipated the gilt edged deal might move the MMD triple-A scale. Trading on Puerto Rico's GO was muted.
By Kate SmithJuly 25 -
The Amsterdam at Harborside plans to file for bankruptcy tonight or tomorrow, the conclusion of over a year of restructuring negotiations with bondholders. The plan does not forgive any debt, but does feature a senior and subordinate exchange offer.
By Kate SmithJuly 21 - New York
The Amsterdam at Harborside bond trustee accidentally posted the retirement community's restructuring plan to EMMA this morning, only to promptly remove it and replace it with a blank PDF.
By Kate SmithJuly 18