Bond Buyer Indexes Narrowly Weaken
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 4.19% from 4.20% from the previous week.  more »
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Muni professionals’ predictions about the economy, volume, demand, and credit spreads panned out, but they were taken off guard by the political roller coaster that roiled the tax-exempt market in 2016.  more »
The largest municipal bond insurer said its subsidiary Assured Guaranty Corp. completed its acquisition of MBIA UK Insurance Ltd., part of a diversification program.  more »
Top shelf municipal bonds ended weaker on Friday, according to traders, who were looking ahead to the upcoming new issue calendar. Ipreo estimates volume for the new week at $6.8 billion, up from a revised $4.8 billion sold in the prior week, according to updated date from Thomson Reuters.  more »

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