Market stabilizes as $7.193 billion bond issuance expected amid Middle East crisis
Updated
Updated · Bond Buyer · Apr 24
Market stabilizes as $7.193 billion bond issuance expected amid Middle East crisis
11 articles · Updated · Bond Buyer · Apr 24
Issuance for the week of April 27 includes $5.242 billion in negotiated deals and $1.951 billion in competitives, led by Massachusetts and Delaware.
Investor confidence is buoyed by declining rate volatility and ongoing ceasefire talks, with institutional investors acting conservatively due to geopolitical uncertainty.
Strategists expect supply to remain heavy but manageable, with specialty state and higher-yield deals attracting demand while generic, lower-quality bonds face more challenges.
Investors hold 'sizable' cash. What catalyst will trigger their full reinvestment into the muni market?
How will the Fed's 'higher for longer' rate policy affect municipal bond supply and demand through 2026?
Beyond geopolitics, what are the biggest underlying risks facing the US municipal bond market today?
With federal relief funds ending, which US cities are most at risk of a fiscal crisis like New York's?
Is the muni market underestimating the risk of another oil shock from the precarious Middle East ceasefire?
Why is Massachusetts thriving while major cities like New York face a negative financial outlook?