Spline Data

A wonderful discussion on Day 2 of the California Bond Buyer Conference with Tyler Traudt, William Kim, Dan Silva, CFA, Gregg Bienstock, Matthew Schrager and Matthew Smith. Building purpose driven data and software for our clients was a primary focus on the panel discussion. As Matthew said "create products that look and feel like what you already know...the value proposition is exponential". Thank you again to Lynne Funk for moderating and The Bond Buyer for hosting. Until next year and look for us at BOND DEALERS OF AMERICA event in Nashville on Dec 5th and 6th.

Great first day at the California Bond Buyer Public Finance conference and our first ever booth! We loved the session from our Chicago's own Justin Marlowe on pricing inequities in new bond issuance. A problem we are tackling right now. Looking forward to day two and hearing Matthew Smith speak later today on the Tech Update.

With the delivery methods we have built, we've seen customers and partners connect and consume our data within the same day. Ease of use and willingness to work together is what makes a successful data product in the muni space. Matthew Smith speaks with the Bond Buyer and Jessica Lerner in their latest article addressing the integration question. Our integrations with True Market LLC and Munichain are just the beginning as we more connections on the way. https://lnkd.in/gbQ42hj9

We are extremely excited to be a sponsor of the California Bond Buyer Public Finance Conference next week in San Francisco. Matthew Smith is speaking on Thursday at one of the technology update panels along with a host of other municipal bond market leaders. If you have any questions or would like to meet up while we are out there, DM us or Sourav Choudhury. https://lnkd.in/gAJ2j-tA

Municipal Bonds: 2024 Presidential Election Update Buckle up—things are about to heat up in the muni space! #municipalbonds #taxpolicy #infrastructure #opportunity

Despite a hurricane, we were elated with all the participants who made it to Munitech 2024! We touched on a bunch of issues and never thought we'd hear the phrase "quantum of information" at a municipal bond conference. We will have additional media up later next week and over the coming month. Special thanks again to our sponsors MarketAxess and Assured Guaranty (AG Analytics).

I was honored to be invited to the MuniTech Conference in the great city of #Chicago this year. As someone who considers himself a #techie, it’s good to be with like-minded individuals who also want more efficiency in the municipal market. Here are a few takeaways: - Advisors like me must help usher in changes in the arcane (but, IMHO, already fairly efficient (considering the regulatory constraints and unique nature)) of the municipal market - Advisors like me must actively learn more how to use the current tech that can bring great things to the municipal market - The post-issuance/secondary market is where changes are well underway and (will likely) rapidly advance in the next few years - While I’m open to advocating for efficiency through tech in the pre/primary market, we advisors must be consulted in the early stages of the creation of such tech, because, as I learned today, some participants don’t know what we do That’s my (current) two-cents, and I look forward to helping bring my beloved municipal market into the age of #Ai and advanced technology #muniland

Muni Yield Dispersion in the Short End Over the past few weeks, we've observed a noticeable increase in the dispersion of trade yields at the front end of the curve, particularly in the 1-year tenor. As shown in the chart below, the interquartile range (IQR) for high IG short maturities has expanded significantly. What’s particularly interesting is that this shift has occurred without any obvious catalysts: > Front-end treasuries have rallied, likely due to the recent rate cut. > Recent SIFMA resets are within typical ranges for the year. > Fund inflows continue to trend higher. Given these factors, it seems plausible that managers may be rotating into longer duration, perhaps driven by a view that the Fed will continue cutting rates more aggressively than anticipated. However, it's still an open question why the short end has experienced such underperformance in the absence of more apparent market stressors. What’s your take? Are there other forces at play, or is this simply a rotation in motion?

We’re excited for #MuniTech 2024 in Chicago this Thursday! This event unites tech-forward and influential figures of the municipal bond market, and our own Dan Kelly will be speaking on the “Future-Proofing Flow: How the Sell-Side is Adapting to a Changing Digital Landscape” panel at 4:15pm CST. Looking forward to connecting with muni peers at this Munichain and Spline Data event. https://okt.to/kVcvZ0

The week is finally here! If you have not signed up already, please register below to guarantee one of the last few spots. We can't wait to see everyone on Thursday! https://lu.ma/qr9jsw3b