Kate Smith

A preliminary pricing wire gives Tuesday's Three World Trade Center Tower Project deal wide spreads for investors able to participate.

The municipal market's attention will be driven to the New York City skyline, as Goldman, Sachs & Co. prices the mammoth $1.63 billion unrated Three World Trade Center Tower Project deal.

After an impressive municipal rally investors wonder whether a correction is imminent and are closely watching appetite for this week’s primary deals.

The municipal market opened slowly on Monday morning as traders saved their energy for the week's larger deals, scheduled for pricing later this week.

The commonwealth of Puerto Rico's general obligation rally this week most likely stemmed from the flood of high yield paper in the primary market this week, traders agreed.

Friday morning's market was slow, capping a particularly active week in both the primary and secondary.

Pricing for Detroit's Convention Facility Authority bond Thursday indicated that the market is still cautious with credits associated with the bankrupt Michigan city.

Long-dated maturities on Wednesday's San Joaquin deal regained some strength in Thursday morning trading.

Thursday's Metropolitan Transportation Authority deal may provide traders with much needed yield thanks to its frequency in the market.

Long-end interest dominated this week's secondary trading as the equity market's sell-off prompted a wave of interest in municipals, pushing yields down.

Friday proved to be another active day in the primary as repricings were announced with even tighter spreads.

Yields in municipals have begun to retrace some of their early week gains on the long end.

As the equities market remains volatile, issuers will benefits with cheap borrowing costs in Thursday's primary as investor flock to the traditionally safe asset class.

All eyes were on municipals on Wednesday, as the asset class picked up strength from the rallying Treasury market. The firmness stemmed from a red-filled day in the U.S. equities market.

The state of Washington priced right along Municipal Market Data's triple-A 5% curve during its pricing on Wednesday, despite a double-A rating. The deal picked up strength from the intensely firming Treasury market.

As Treasury yields plummet to 2014 lows, issuers coming to market on Wednesday will benefit, likely to catch cheap borrowing costs.

Tuesday's tightening municipal market indicated to traders that investors had "given up hope" of any yield in the near-term future.

Municipal scales tightened significantly on Tuesday morning as traders gave up hope that higher yields may be on the horizon.

Taxable issuance will dominate the day's primary market, giving borrowers flexibility with proceeds, but pushing away more traditional municipal bond buyers.

A modified barbell strategy is expected to drive duration interest in this week's primary market, based on data from last week's secondary trading activity.