Buyers are back; long end sees large gains
Municipals were better across the curve with the largest bumps out long Wednesday, moving the 30-year down 11 basis points...Read More
Muni rout continues; Outflows hit $1.4 billion
Municipals were hit hard Thursday with up to 10 basis point cuts on the short end, but the damage was...Read More
Outlook Dims for Issuance, Returns
Elaine Brennan, Roosevelt & Cross Executive Vice President, Public Finance was cited in a recent Bloomberg Daily Brief on higher...Read More
High-yield sees first outflows since October
Municipal benchmark yields were steady to firmer by a basis point 10-years and out Thursday as U.S. Treasuries were stronger...Read More
Munis off to rocky start to week, with returns in the red
Municipal yields rose again Monday by three to six basis points on elevated selling pressure while short U.S. Treasuries saw...Read More
Munis outperform big UST sell off post-Powell announcement
Municipals were lightly traded and outperformed a large sell-off in U.S. Treasuries while equities were mixed following President Biden’s decision...Read More