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Extremely light retail participation and large gains in tax-exempts characterize the municipal market around lunchtime.
By James RamageAugust 10 -
The municipal market once again played the wallflower Tuesday, riveted as equities and Treasuries performed a dramatic dance.
By James RamageAugust 9 -
NEW YORK — The municipal market once again played the wallflower during Tuesday’s quiet trading session, standing riveted as equities and Treasuries performed a dramatic dance.
By James RamageAugust 9 -
The municipal market is slowly going through the motions Tuesday while Standard & Poor’s stirs the pot with its recent credit ratings assessments and downgrades.
By James RamageAugust 9 -
Munis more or less dodged a rating-agency bullet. Investors expected Standard & Poor’s to slap municipalities by the hundreds with downgrades to their respective credit ratings, following its move Friday to downgrade the credit rating of the U.S.
By James RamageAugust 9 -
Municipal market yields remained unbowed after Standard & Poor’s decision Friday to downgrade the credit rating of the United States.
By James RamageAugust 8 -
NEW YORK — Yields showed that the municipal market was largely unimpressed with Standard & Poor’s decision over the weekend to downgrade the credit rating of the United States.
By James RamageAugust 8 -
Caution reigns in the municipal market Monday amid the fallout of the Standard & Poor’s downgrade of the United States’ credit rating. The market awaits the rating agency’s assessment of muni securities closely tied to federal government spending.
By James RamageAugust 8 -
Uncertainty and light new issuance highlight a patient municipal market Monday morning.
By James RamageAugust 8 -
The municipal market on Friday followed up one of the wildest days of the year with stable yields and surprisingly active trading.
By James RamageAugust 5 -
NEW YORK — The municipal market on Friday followed up one of the wildest days of the year with stable yields and surprisingly active trading.
By James RamageAugust 5 -
NEW YORK — The municipal market tentatively advanced into Friday afternoon, as though waiting for someone to step up and prove the levels its reached.
By James RamageAugust 5 -
NEW YORK — The municipal market started Friday slightly hung over, marked by light trading and steady yields.
By James RamageAugust 5 -
After showing mostly inflows over a period of several weeks, municipal bond funds saw the largest outflows since the week of April 20. And this past week’s results — $861 million in outflows — suggested numbers and a pace that harken back to the 29 straight weeks between mid-November and early June when muni funds hemorrhaged money.
By James RamageAugust 4 -
The municipal market Thursday saw heavy trading activity amid rapidly sinking yields and attractive values to Treasuries.
By James RamageAugust 4 -
NEW YORK — The municipal market Thursday saw relatively heavy trading activity amid rapidly sinking yields and attractive values to Treasuries.
By James RamageAugust 4 -
NEW YORK — Light issuance has helped the municipal market rally carry into Thursday afternoon, while Treasury yields continue to dive ever deeper.
By James RamageAugust 4 -
NEW YORK — The municipal market started out strong in the secondary Thursday, following on the heels of a day of incredible gains.
By James RamageAugust 4 -
Both Treasury and municipal yields rallied in impressive fashion on a day that saw a resolution to the budget and debt-ceiling battle that many thought had raged for far too long.
By James RamageAugust 2 -
NEW YORK — Both Treasury and Municipal yields rallied in impressive fashion on a day that saw a resolution to the budget and debt-ceiling battle that many thought had raged for far too long.
By James RamageAugust 2