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Profits were up in New York City's securities industry, according to the state comptroller's annual report, even as job losses accelerated.
October 21 -
The Investment Company Institute reported $385 million of inflows while ETFs fell to $124 million.
October 20 -
Triple-A benchmarks saw one basis point cuts in spots inside 10 years while the five-year U.S. Treasury hit a high of 1.154%.
October 18 -
Friday’s data suggested inflation remains a problem, as the voices calling for Federal Reserve action increase.
October 15 -
Municipals outperformed the move in taxables Friday but weakness hangs over the market as fund flows lessen and supply increases. Taxable munis may be keeping exempt rates from moving higher.
October 8 -
For 31 consecutive weeks investors put cash into municipal bond mutual funds but saw just $36.87 million of inflows in the latest reporting period while high-yield funds saw $460 million of outflows after $103 million of outflows a week prior.
October 7 -
ICI reported $704 million of inflows, a $1.1 billion drop from the week prior, bringing the total to $76 billion year to date.
October 6 -
The increase in yields and spread widening across municipal sectors has given some pause to high-yield investors after months of stagnation.
October 5 -
Municipals took a breather Monday, largely ignoring stock market volatility and softer U.S. Treasuries, ahead of a solid $9 billion new-issue week.
October 4 -
Ratios have moved into a higher, more favorable range, especially in the belly of the curve. The municipal calendar is building, led by taxables and refundings, after they dropped significantly in September.
October 1