Dan Seymour

NEW YORK - The municipal bond market coughed up some of the previous day’s gains on Friday afternoon as impending supply continued to make it tough to sell bonds.

Build America Bonds have entered a world of their own. As the market braces for a blitz of taxable state and local government debt sales to close out the year, some experts expect the already-shaky correlations between BABs and other assets to break down.

Heavy supply trumped easy monetary policy this week as muni yields mostly drifted higher despite the announcement of a second quantitative easing campaign from the Federal Reserve.

Dupree Funds is launching a taxable municipal bond fund this week, just the second effort at creating a mutual fund devoted to Build America Bonds.

The municipal market languished Tuesday as traders remained reluctant to place bets with a hefty batch of new supply looming over the market.

The municipal market languished Tuesday as traders remained reluctant to place bets with a hefty batch of supply looming over the market.

Money market funds continue to waive big chunks of their management fees as yields on cash instruments remain too low to charge the full amount.

Municipal bonds were motionless Monday as traders braced for a mammoth supply of new state and local government debt over the coming month.

Municipal bonds were motionless on Monday as traders gird for a mammoth supply of new state and local government debt over the coming month.

Flows into municipal bond mutual funds remained steady last week in the face of a rough week for bonds.

The municipal bond market since 2007 has seen a steady drop in the stock of outstanding prerefunded bonds, which are the highest-credit-quality municipal security in existence.

Jefferies Group continues to expand the public finance underwriting business it bought from Depfa Bank last year, most recently adding Jim Magidson to the firm’s institutional sales group.

Municipal bonds’ performance versus Treasuries over the next few months is up to the Federal Reserve.

The stream of cash into municipal bond mutual funds rebounded last week after a month or so of decidedly slowing inflows.

Water utility bonds might not be as safe as everyone thinks.

Municipal bonds yields weakened a touch during the week as a slug of new debt came to market at a time of low nominal yields.

Municipal bonds weakened just a sniff Thursday as the market absorbed a fairly hefty slate of new state and local government debt.

The hassles associated with Chapter 9 municipal bankruptcies will suppress the number of filings, despite municipal revenues still being well below pre-recession levels, ­experts say.

The flow of cash washing into the municipal bond mutual fund industry continues to slow down, to what one important measure counts as the slowest pace since January 2009.

Most municipal analysts bristle at the claim that California will “become the next Greece.”