Taylor Riggs

The tax-exempt market ended flat on Thursday as traders noted secondary trading activity slowing as the weekend approached and most primary deals had been priced earlier in the week.

NEW YORK – The tax-exempt market ended flat on Thursday as traders noted secondary trading activity slowed as the weekend approached and most primary deals had been priced earlier in the week.

The tax-exempt market is fairly quiet Thursday early afternoon as traders say secondary trades have slowed as the end of the week approaches and primary deals have finished pricing.

The tax-exempt market was steady Thursday morning but traders said an abundant amount of supply could force price cuts soon.

The tax-exempt market ended the day mostly flat even as traders had differing opinions on its tone.

NEW YORK – The tax-exempt market ended the day mostly flat even as traders had differing opinions on the tone of the market.

The tax-exempt market was mostly steady in Wednesday afternoon trading as reaction to the Federal Open Markets Committee statement was muted in the Treasury market and failed to provide direction for municipal bonds.

The tax-exempt market was stronger Wednesday morning as munis climbed higher and further defied weaker Treasuries.

The tax-exempt market ended steady Tuesday, defying weaker Treasuries, as the secondary market showed mixed trades and the primary failed to move the market in either direction.

NEW YORK – The tax-exempt market ended steady Tuesday, defying weaker Treasuries, as the secondary market showed mixed trades and the primary failed to move the market in either direction.

The tax-exempt market was fairly quiet Tuesday following a relatively slow day in the market Monday.

The tax-exempt market was steady Tuesday, holding its ground against weaker Treasuries, following a strong day in the market Monday.

The tax-exempt market was fairly quiet Monday as only a few deals priced in the primary and trading activity was slow in the secondary.

NEW YORK – The tax-exempt market was fairly quiet Monday as only a few deals priced in the primary market and trading activity was slow in the secondary.

The tax-exempt market slowed Monday afternoon as secondary activity stalled and the primary market failed to provide direction. Munis were still firmer following the risk-off trade in the morning.

The tax-exempt market is stronger Monday morning as a light new-issue calendar and a global sell-off in the stock market is pushing munis higher.

The tax-exempt market ended steady on Friday as traders recouped from an active week in munis.

NEW YORK – The tax-exempt market ended steady on Friday as traders recouped from an active week in munis.

At the end of a week marked by strong demand and a firm tone in the municipal market, tax-exempt traders expect the story to remain the same in the near future. Supply is expected to drop off in the next few weeks and coupon payments will add cash to a market that already has plenty of cash to put to work.

After a hectic week in the tax-exempt market that pushed yields down between two and nine basis points, munis took a breather Friday morning to recoup.