Supply-challenged week to end month keeps munis steady
Last week's new-issue supply volume of $12.7 billion was the largest so far this year,…
Maria AcevedoApril 26, 2021
New York MTA’s capital numbers ‘don’t add up,’ DiNapoli says
“We consider the broad tax base, inclusive of suburbs and exurban areas around New York…
Maria AcevedoApril 20, 2021
Illinois primary market penalties shrink to levels of bygone era
“The size of the deal broadens the appeal and the timing — coming so closely…
Maria AcevedoMarch 17, 2021
Banks and mutual funds increase their holdings of municipal bonds
Patrick Luby, a municipal strategist at CreditSights, attributed that growth to a rise in taxables. The…
Maria AcevedoMarch 11, 2021
Munis sell off in double digits as correction continues
"Even though fund flows have been positive and the new-issue calendar appears to be manageable,…
Maria AcevedoFebruary 22, 2021
GFOA to release ESG best practice
There is not a one size fits all approach, Patrick Luby, municipal strategist at CreditSights, told…
Maria AcevedoJanuary 20, 2021
Those we lost in 2020
Howard Sitzer, a senior analyst of municipals at CreditSights and a fixture in the muni bond world,…
Maria AcevedoDecember 29, 2020
Coronavirus causes muni spreads to blow up
Liquidity is just not free, said Patrick Luby, senior municipal strategist at CreditSights. “If the bid-ask…
creditsightsMay 19, 2020
Federal Reserve muni lending facility charges big premiums
The Fed’s rate is expensive, but it is a good approach, said Patrick Luby, a…
creditsightsMay 11, 2020
This week’s taxable deals should fetch ‘robust’ demand
“We expect strong buying interest for these bonds because the issuer has not been in…
creditsightsApril 27, 2020