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NEW YORK — Demand in the municipal market secondary remains strong heading into Tuesday afternoon.
By James RamageAugust 2 -
NEW YORK — Secondary trading in the municipal market has increased appreciably Tuesday morning as investors are finally noticing the attractive ratios.
By James RamageAugust 2 -
The story in the municipal market Monday was the same one that has been told since spring — one of falling yields, low issuance, and light trading in the secondary.
By James RamageAugust 1 -
NEW YORK — The story in the municipal market Monday was the same one that has been told since spring: one of falling yields, low issuance, and light trading in the secondary.
By James RamageAugust 1 -
NEW YORK — Municipal bond investors are hearing the sounds of silence. As politicians in Washington are making a late push to resolve the debt-ceiling and budget crisis, investors are ignoring favorable muni ratios to Treasuries, particularly at the 10-year mark, while limiting their markets activities Monday.
By James RamageAugust 1 -
NEW YORK — The municipal market Monday morning picked up right where it left off last week. Little action is expected for the day, a trader in New York said.
By James RamageAugust 1 -
The municipal market may be in an apprehensive mood regarding the debt and budget deadlock in Washington, but it still had business to attend to Wednesday.
By James RamageJuly 27 -
NEW YORK — The municipal market may be in an apprehensive mood, regarding the debt and budget deadlock in Washington, but it still had business to attend to Wednesday.
By James RamageJuly 27 -
NEW YORK — Washington has six days before the United States faces default on its debt. But more important for the municipal market, the government has little time before ratings agencies downgrade the U.S. sovereign credit.
By James RamageJuly 27 -
U.S. debt-ceiling fears have taken many municipal market participants off the field.
By James RamageJuly 26 -
NEW YORK — U.S. debt-ceiling fears have taken many municipal market participants off the field.
By James RamageJuly 26 -
NEW YORK — A tight municipal market has been made all the more hesitant by a debt-ceiling deadline that’s moving ever closer. But firming Treasury yields in the early afternoon have provided the secondary market a miniscule boost.
By James RamageJuly 26 -
NEW YORK — The municipal market is revving up for the week’s new deals, particularly those coming from issuers with triple-A ratings. The secondary is off to a subdued start, according to a trader in New Jersey.
By James RamageJuly 26 -
Politicians in Washington have yet to make any discernible progress on raising the debt ceiling as the deadline approaches. In response to their ongoing negotiations, the municipal market seemed to hold its breath.
By James RamageJuly 25 -
NEW YORK — The municipal market has been slow out of the gates on the day.
By James RamageJuly 25 -
NEW YORK — As the U.S. rockets toward its debt ceiling Monday, the municipal market is proceeding gingerly into its week.
By James RamageJuly 25 -
A quiet secondary market on Friday capped a week of substantial new issuance in the primary.
By James RamageJuly 22 -
NEW YORK — A quiet secondary market on Friday capped a week of substantial new issuance in the primary.
By James RamageJuly 22 -
NEW YORK — The largest new issuance week of 2011 has mostly come to a close. But the fallout hasn’t energized the secondary market much with leftover paper on the Street.
By James RamageJuly 22 -
Municipal bonds followed up a particularly strong week of new deals with inflows.
By James RamageJuly 21