Original article by Andrew Coen
Wesly Pate, senior portfolio manager, shared his insights on municipal bond issuance for the first half of 2020 with Bond Buyer. Wesly pointed out that taxable bond volume more than tripled in the Northeast through the first six months of the year, with issuers in the Northeast selling more than $55 billion in debt overall through the period. He also explained why he was surprised that New Jersey was the only laggard in the region despite the state’s large capital needs.
