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NEW YORK — A municipal market low in energy and apparent direction soldiered through a lackluster day of issuance and trading.
June 27 -
NEW YORK — The municipal market has been slow to get out of the gate Monday, with little action in the secondary and significant issuance a day or two away.
June 27 -
NEW YORK — The municipal market has been struggling to get its foothold Monday morning. Few trades in the secondary have provided a direction, a trader in San Francisco said.
June 27 -
Investors put municipal bond mutual fund flows back in the black this past week. High-yield muni funds continued their strong performance.
June 24 -
A stubborn municipal market stood by Friday and watched Treasuries prosper in the face of financial fires erupting in Europe. The market is stuck in neutral, while the 10-year Treasury yield hit a new calendar-year low.
June 24 -
NEW YORK — A stubborn municipal market stood by Friday and watched Treasuries prosper in the face of financial fires erupting in Europe. The muni market was stuck in neutral, while the 10-year Treasury yield hit a new calendar-year low.
June 24 -
NEW YORK — The municipal market, shackled with persistently low yields and a lack of heavy deals on the docket, has failed to generate any momentum on the day. “Munis are tired,” said a trader in New York.
June 24 -
NEW YORK — Municipal and Treasury yields collectively slept in Friday morning. But trading volume is up, thanks largely to leftovers from Thursday boosting the volume numbers, a trader in New York said.
June 24 -
Investors put municipal bond mutual fund flows back in the black this past week.
June 23 -
A lackadaisical municipal market saw modest gains on Thursday. Supply that is considered low by current if not historical standards has created a malaise over trading volume, a trader in Chicago said.
June 23 -
A lackadaisical municipal market saw modest gains on Thursday. Supply that is considered somewhat low by current standards, though not by historical standards, has created a malaise over trading volume, said a trader in Chicago. Accordingly, buyers feel they can pick and choose from the primary market, he added.
June 23 -
Despite relatively limited supply, investors have been shifting the focus of the municipal market over to the primary, leaving the secondary largely flat and wheezing.
June 22 -
NEW YORK — Despite relatively limited supply, investors have been shifting the focus of the municipal market over to the primary, leaving the secondary largely flat and wheezing.
June 22 -
The massive, highly anticipated $1 billion offering from Georgia had only a mild effect on tax-exempt yields Tuesday amid an otherwise quiet municipal market.
June 21 -
The massive, highly anticipated $1 billion Georgia issuance had only a mild effect on tax-exempt yields Tuesday, as they met an otherwise quiet municipal market.
June 21 -
The municipal market has picked a bearing for the past couple of days and is holding firm. It has taken the measure of choppy Treasuries on Monday and the week's particularly large competitive deals and has decided to maintain its course until the latter arrive.
June 20 -
NEW YORK - The municipal market has picked a bearing through the past couple of days and is holding firm. It has taken the measure of choppy Treasuries on Monday and the week's particularly large competitive deals and has decided to maintain its course until the latter arrive.
June 20 -
Investors this past week returned to their acquired habit of pulling money out of municipal bond mutual funds.
June 17 -
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Investors this past week returned to their acquired habit of pulling money out of municipal bond mutual funds.
June 17
