New Deal Roundup
New issue municipal bond deals remain well-subscribed.
Previous Episodes
Traditional Municipal Market Nuances back in the Fold
Portfolio Manager and Trader Sunny Gill joins Chris Roberti to discuss municipal market returns in 2024, the attractiveness of the market, and more.
Dry Powder
Join Mike Denlinger this week as he offers his thoughts on the volatility we’re seeing in the muni market, an update on issuance and an update on fundamentals.
Spread Love
Municipal bonds benefitted from spread tightening during the first quarter.
Springtime Technicals Usher in a Season of Opportunity
Against a backdrop of tight municipal-to-treasury ratios, some underwriters are offering attractive concessions in order to get new issue deals sold.
The Value of Picking Your Spots Wisely
Alex McLaughlin and Chris Roberti break down the current rate and inflation narrative, the credit landscape, an overview of the healthcare sector, why investors are “refocusing” on the value of tax free income, and more.
Law Of Supply
Tax-exempt supply is picking up as we look to March and April technicals ahead, which are typically a weaker period due to tax season and slowing of reinvestments.
Technically Speaking
Join Alex McLaughlin this week as he offers his thoughts on the volatility we’re seeing in the muni market, an update on issuance and an update on fundamentals.
Refi Deep Dive
We discuss why some issuers are choosing to redeem their outstanding Build America Bonds.
2024: Out of the Gate
Ian France joins Chris Roberti to discuss how things are looking out of the gate in 2024.
Seasons Come and Go, Relative Value is Here to Stay
Market demand absorbs higher supply and weaker seasonals ahead to watch in the municipal market.
Demand > Supply
Fed chose to keep interest rates unchanged and largest deals were significantly oversubscribed during the week.
Demanding Duration
Municipal bond investors appear to favor longer duration securities so far in 2024.
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