Elaine Brennan, Roosevelt & Cross Executive Vice President, Public Finance was cited in a recent Bloomberg Daily Brief on the recent rise in crossover buyers following the Municipal bond selloff. She says that these crossover trades are particularly noteworthy when supply increases and higher yields are required for deals to clear the market.
Original Source: https://newsletters.briefs.bloomberg.com/document/ALHnhzrzWY7XAh-njrNc.Q–_4sz4mgmctuuz1kx8s6/diary-1