Chip Barnett

Prices of top-rated municipal bonds were flat in quiet mid-session activity, according to traders, as the first of the week's paltry new issue supply came to market.

Municipal bond traders are set for the quietest week of the year, with less than $1 billion of new supply slated to be priced.

Municipal bond traders are shifting gears on Friday as they switch out of the debt issuance fast lane and onto the off ramp ahead of the upcoming Thanksgiving holiday week.

Municipal bond funds reported inflows for the seventh week in a row, according to Lipper data released on Thursday.

In the week ended Nov. 19, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.35% from 4.38% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Driven by the expansion of the U.S. federal government’s Medicaid program, spending by states in fiscal 2015 rose to its highest rate in 23 years, according to report released by the National Association of Budget Officers on Thursday.

Municipal bond funds reported inflows for the fifth week in a row, according to Lipper data released on Thursday. Weekly reporting funds experienced $62.996 million of inflows in the week ended Nov. 4, after inflows of $349.038 million in the previous week.

Municipal bond traders were set for the second wave of new issuance to hit the market on Wednesday while they kept watch on upcoming Congressional testimony from Federal Reserve Chair Janet Yellen and speeches from several other Fed officials, although none were scheduled to discuss monetary policy.

Prices of top-rated municipal bonds ended weaker on Tuesday, according to traders, as many new deals came to market led off by two competitive sales totaling over $538 million from Nevada’s Clark County School District.

Prices of top-rated municipal bonds were steady to slightly weaker at mid-session, according to traders, as lots of new deals came to market, led off by two competitive sales totaling over $500 million from Nevada's Clark County School District.

Municipal bond traders on Tuesday are set for the start of this week's new issue calendar, topped by two competitive sales totaling over $500 million coming from Nevada's Clark County School District.

Municipal bond prices finished weaker on Monday, according to traders, with yields on top-quality munis rising by as much as two basis points.

Municipal bond prices were weaker at mid-session, according to traders, with yields on top-quality munis as much as two basis points stronger.

While the Mets may not have grabbed the World Series title, New York City came out a winner as the team's post-season performance helped generate an additional $81.2 million for the Big Apple's economy, according to a new report.

Municipal bond traders were clearing the decks on Monday, preparing to take on the week's heftier new issue calendar.

Municipal bond funds reported inflows for the fourth week in a row, according to Lipper data released on Thursday. Weekly reporting funds experienced $349.038 million of inflows in the week ended Oct. 28, after inflows of $240.718 million in the previous week.

When it comes to getting money back from the Federal government, New York State is getting shortchanged, according to a report released on Tuesday by state Comptroller Thomas DiNapoli.

Municipal bond traders are keeping a wary eye on the Federal Reserve as it gathers for a two-day meeting to decide the course of interest rates.

Prices of top-quality municipal bonds closed slightly stronger on Monday, according to traders, with yields weakening by as much as one basis point.

Prices of top-quality municipal bonds were stronger at mid-session, according to traders, with yields weakening by as much as one basis point.