Lynne Funk

Jan 7, 2025 | bondbuyer.com | Lynne Funk

Transcription:Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Mike Scarchilli (00:04):Hi everyone and welcome to The Bond Buyer podcast, your trusted source for insights into all things municipal finance. I'm Mike Scarchilli, editor-in-chief of The Bond Buyer, and today we're joined by Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

Dec 27, 2024 | bondbuyer.com | Lynne Funk

Municipals ignored losses in U.S. Treasuries Friday ahead of another week without new-issue supply to provide direction. Equities saw losses. Triple-A muni yield curves were unchanged while USTs saw losses of up to six basis points while the 10-year UST closed the session above 4.6%. While Friday's muni session was muted, the damage of a volatile UST market, paired with low new-issue supply and year-end positioning, has weighed on the asset class in December.

Dec 20, 2024 | bondbuyer.com | Lynne Funk

Municipals saw a stronger tone after U.S. Treasuries improved on a slightly lower-than-expected inflation print while equities made gains to close out a volatile week. "This month's inflation print is quite benign, but does it even matter? The bottom-line is another one or two months of benign inflation prints will not change the hawkish monetary policy pivot that was introduced on Wednesday," said Olu Sonola, Fitch Ratings head of U.S. economic research.

Dec 13, 2024 | bondbuyer.com | Lynne Funk

Municipals faced more selling pressure Friday but outperformed U.S. Treasuries ahead of a much lighter supply picture, which should buoy the asset class in the final weeks of the year. This week's accumulated losses have pushed returns into the red for the month, but municipals are still faring better than USTs and corporates. Triple-A scales saw yields rise three to eight basis points Friday, according to reads of ICE and Bloomberg's BVAL, but were unchanged according to MMD and S&P.

Dec 9, 2024 | today.westlaw.com | Lynne Funk

Municipal bonds were little changed to a touch weaker in spots as investors shifted their focus to the larger new-issue slate...