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The tax-exempt market struggled throughout the week under the weight of heavy new issuance as yields jumped double digits.
By Taylor RiggsJune 8 -
NEW YORK – The tax-exempt market struggled throughout the week under the weight of heavy new issuance as yields jumped double digits.
By Taylor RiggsJune 8 -
NEW YORK – The tax-exempt market was stronger Friday afternoon, reversing a week-long losing streak, as muni yields followed Treasury yields lowered.
By Taylor RiggsJune 8 -
NEW YORK – The tax-exempt market was preparing for next week’s hefty supply after crumbling under pressure from this week’s deals. Munis weakened across the curve this week, and some traders noted additional supply next week wasn’t helping.
By Taylor RiggsJune 8 -
The tax-exempt market continued its week of losses Thursday as supply overwhelmed demand and traders rejected near-record low rates.
By Taylor RiggsJune 7 -
NEW YORK – The tax-exempt market continued its week of losses Thursday as supply overwhelmed demand and traders rejected near-record low rates.
By Taylor RiggsJune 7 -
The tax-exempt market was slightly weaker for the fourth consecutive trading session although traders noted secondary activity was starting to quiet down as the weekend approached.
By Taylor RiggsJune 7 -
The tax-exempt market continued to weaken for the fourth session this week as demand failed to meet supply and traders resisted low rates.
By Taylor RiggsJune 7 -
The tax-exempt market took another big hit Wednesday as yields rose for the third consecutive trading session, following Treasury yields higher.
By Taylor RiggsJune 6 -
NEW YORK – The tax-exempt market took another big hit Wednesday as yields rose for the third consecutive trading session, following Treasury yields higher.
By Taylor RiggsJune 6 -
The tax-exempt market was much weaker Wednesday, the third consecutive down trading session, as muni yields followed Treasury yields higher and a flood of new supply forced concessions on new deals.
By Taylor RiggsJune 6 -
Supply outweighed demand in the municipal market as yields rose for a third consecutive trading session on an influx of new deals.
By Taylor RiggsJune 6 -
Activity in the tax-exempt market picked up Tuesday as a hefty new-issue calendar drew attention away from the secondary market.
By Taylor RiggsJune 5 -
NEW YORK – Activity in the tax-exempt market picked up Tuesday as a hefty new-issue calendar drew attention away from the secondary market.
By Taylor RiggsJune 5 -
The tax-exempt market picked up steam Tuesday afternoon as new deals flooded the market and kept traders busy. Some market participants noted that deals were being well received despite higher-drifting yields.
By Taylor RiggsJune 5 -
The tax-exempt market was weaker, following Treasuries, ahead of a large day of new issuance in the municipal market. Munis and Treasuries have been weakening this week after hitting a wall of record low yields on Friday.
By Taylor RiggsJune 5 -
The tax-exempt market started the week off on a slow note as traders waited to take direction from what is expected to be one of the larger weeks of new issuance in the muni market.
By Taylor RiggsJune 4 -
NEW YORK – The tax-exempt market started the week off on a slow note as traders waited to take direction from what is expected to be one of the larger weeks of new issuance in the muni market.
By Taylor RiggsJune 4 -
The tax-exempt market continued to slug along Monday afternoon as traders noted the market was struggling to gain steam.
By Taylor RiggsJune 4 -
The tax-exempt market was quiet Monday morning after yields last week fell to record lows. Traders looked ahead to what is expected to be one of the larger new-issue weeks in the primary market this year.
By Taylor RiggsJune 4