As tax season progresses, the municipal bond market is facing challenges and experiencing selling pressure as investors shift their focus from short-term securities to meet their tax obligations. This trend has caused muni bonds to underperform compared to U.S. Treasuries and corporate bonds, with negative returns month-to-date. Despite this, experts believe that the muni market
Bonds
The municipal bond market experienced a mixed performance on Wednesday, with evident selling pressure on the short end due to few sizable deals pricing in the primary market. Despite this, munis have managed to hold relatively well as yields remain in a tight range. The AAA HG curve in the muni market has maintained stability
Samantha Costanzo, the newly appointed head of public finance at Huntington National Bank, sheds light on the challenges women face in the male-dominated financial services industry. Costanzo acknowledges the disparity in gender representation in finance, describing it as a “chicken and egg problem.” Despite the obstacles, she remains hopeful and believes in the power of