Jessica Lerner is a senior markets reporter for Bond Buyer. She specializes in finance and investment topics, focusing on asset management, mutual funds, and investment strategies, while also covering commodities, futures, and banking. Jessica's work has been featured in Financial Planning, NewsBreak, American Banker, and The Bond Buyer.
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Jessica Lerner's coverage focuses on national finance and economy, with an emphasis on municipal bonds, government finance, state budgets, economic outlooks, and financial ratings. Her articles often cite data and cover government announcements.
To effectively reach out to her, consider providing in-depth analysis or expert commentary related to municipal bonds or government finances. Given the focus on citing data and investment analysis in her coverage attributes, offering well-researched insights supported by relevant data could increase the chances of successful outreach.
As Jessica’s geographic focus is national (United States), pitches should align with this scope, focusing on developments within the U.S. finance industry or specific impact at a state level.
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Accelerating deals does not cause undue strain on the underwriters, said Ron Banaszek, co-head of public finance and lead underwriter at Blaylock Van.
By: Caitlin-Devitt
Brightline Florida Municipal market participants Thursday digesting news of a possible bankruptcy loan from Assured Guaranty Ltd. to Brightline
The healthy calendar comes as demand remains strong, which is expected to continue, given that yields are very attractive relative to almost any
The higher-coupon bonds stand a better chance of being called/refunded since "issuers can retire high-coupon debt when interest rates fall, reducing
"The muni market selloff is primarily a result of Treasury movement, but the orderliness of it in terms of not getting any more volatility in munis
Supply rose to nearly $60 billion in August, the highest ever total for the month, as concerns over rate hikes, large mega deals, and the late Labor Day holiday pushed issuance up year-over-year.
"The reason the number [of trade counts] is a record and not just elevated is structural, and it's been building for years," said Josh Rosenblum, head of municipal trading strategies at Brownstone.
While tax-exempt ratios have cheapened somewhat, September typically has been a "challenging month" for munis, though last year was an exception, said Barclays strategists led by Mikhail Foux.
Frank Chin brought an engineer's mindset to municipal finance, applying it to complex airport financings and later to market modernization efforts
Munis extended their selloff Thursday, rising in sympathy with UST yields as the asset class gets dragged higher with the rest of the rate world. Equities ended lower.
