Patrick McGee

A whole lot of nothing took place in the muni market Thursday. New issuance was slim and secondary trading was light as both issuers and buyers decided it was best to wait for the political turmoil in Washington to settle before making any major moves.

A whole lot of nothing took place in Muni Land on Thursday. New issuance was slim and secondary trading was light as both issuers and buyers decided it best to wait for political turmoil in Washington to settle before making any major moves.

Slim new issuance and light trading are the themes of the muni market Thursday as participants wait for political turmoil in Washington to settle before making any major moves.

NEW YORK – Treasuries are firmer in early trading but muni buyers have no inclination to follow due to political inaction in Washington.

NEW YORK – Municipal bonds are flat to slightly weaker in early trading as equities sell off in reaction to a much weaker than expected durable goods report.

Rating agency veteran Eric Friedland has left the world of grading credits and taken on the head of municipal-credit research role at Schroder Investment Management.

Sustainable Energy Utility Inc. is planning to sell its inaugural issue of energy-efficiency revenue bonds in the primary market Monday to raise capital directed at conserving energy at state and local government agencies.

Anyone not convinced the municipal market has returned to a state of health need look no further than The Bond Buyer's weekly indexes.

Thomson Reuters' legal rankings are looking a bit more traditional in the second quarter after an 11-year low in first-quarter issuance skewed the numbers across most categories.

NEW YORK – Municipal bonds were weaker in early trading but the dynamic could change quickly as a weak consumer sentiment survey cut gains in the stock market and drove money into Treasuries.

Weekly yield indexes fell precipitously this week thanks to a flight to quality among Treasuries coupled with seasonal demand for tax-exempt paper.

Assured Guaranty Corp. won't seek to appeal a New York State court's ruling that it must honor coverage of defaulted debt issued by the Xenia Rural Water District in Iowa.

NEW YORK - Assured Guaranty Corp. won’t seek to appeal the New York State court’s ruling that it must honor coverage of defaulted debt issued by Iowa’s Xenia Rural Water District.

RBC Capital Markets added more than 70 years of experience to its municipal finance team with the addition of three managing directors hired to lead its newly created public power group.

Public finance downgrades continued to outnumber upgrades for the 10th consecutive quarter, according to the latest study from Moody's Investors Service.

Public finance downgrades continued to outnumber upgrades for the 10th consecutive quarter, according to the latest study from Moody's Investors Service.

The yield curve steepened a bit this week as investors took their cash out of longer maturities and parked it into short-term notes, according to The Bond Buyer's weekly indexes.

Forty-one-year finance veteran Joe Deane has joined bond giant PIMCO as an executive vice president and head of the muni portfolio management team, the company announced Tuesday.

Muni market strategist Christopher Holmes has departed JPMorgan to join Moody's Investors Service.

Just as a strong rally in Treasuries helped make munis look good in the first three weeks of June, so too did a major sell-off in the month's final week make tax-exempts appear weak.