New York City Transitional Finance Authority

Another rough session; Connecticut, NYC TFA face higher yields in institutional pricing

October 18, 2023

Municipal mutual fund losses continued last week as the Investment Company Institute reporting investors pulled $2.645 billion from the funds in the week ending Oct. 11. ETFs see more inflows, though.

Billion-dollar-plus bellwether names lead nearly $12B week

October 13, 2023

As valuations got richer after muni outperformance this week, Barclays strategists expect munis to be “truly tested in the next several weeks, with supply picking up.”

Munis improve, NYC TFA retail prices

July 18, 2023

The back half of July is starting “much like the front half with ongoing UST volatility and municipal supply staying in the forefront,” said Kim Olsan, senior vice president of municipal bond trading at FHN Financial.