Taylor Riggs

The tax-exempt market continued to trade mostly steady from last week’s levels as traders said the holiday-shortened week could be preventing a big move in the muni market.

The tax-exempt market started off slowly Monday morning as traders wait for primary issuance to provide a jump start.

Municipal bond yields rose slightly Thursday and Friday after a double-digit rally earlier in the week.

NEW YORK – The tax-exempt market ended the week on a weaker note, with yields rising slightly Thursday and Friday after a double digit rally earlier in the week. Overall, traders said the primary market saw very good reception due to the limited supply, and expect that to continue going into next week.

The tax-exempt market was mixed Friday afternoon as traders said they were confused by this week’s activity. The market started the week out very firm, and then started to weaken Thursday. On Friday afternoon, traders still did not have a consensus about the tone of the market.

The tax-exempt market was steady in morning trading after Thursday saw a slight back up in yields, although activity was up in the secondary market.

The tax-exempt market was weaker after investors had enough of a week-long rally that slashed yields some 25 basis points in the belly of the curve.

NEW YORK – The tax-exempt market moved weaker after investors had seen enough of a rally that pushed yields down 25 basis points in the belly of the curve. Primary deals saw good reception this week on lower supply, but secondary trades started fading by Thursday morning.

The tax-exempt market was lower Thursday, bucking a six-day trend of firming as secondary trades turned weaker.

The rally in the tax-exempt market appeared to halt Thursday morning as trades in the secondary started to slow. Traders said that overall for the week, deals in the primary market saw good reception.

The tax-exempt market continued to gain for the sixth consecutive trading session, although the rally slowed from earlier in the week.

NEW YORK – The tax-exempt market continued to gain for the sixth consecutive trading session, although the rally had noticeably slowed from earlier in the week.

The tax-exempt market was stronger Wednesday for the sixth session as some primary deals were priced ahead of schedule to take advantage of the recent rally.

After a five-day rally that pushed yields down 25 basis points in the belly of the curve, the tax-exempt market is taking a breather Wednesday morning.

The tax-exempt market rallied for the fifth consecutive trading session as limited supply stoked demand and underwriters unloaded bonds left over from previous deals.

NEW YORK – The tax-exempt market rallied for the fifth consecutive trading session as limited supply appeared to create more demand and allowed underwriters the chance to unload blocks of leftover bonds from previous deals.

The tax-exempt market is stronger Tuesday as munis follow Treasuries higher and also rally on limited supply.

The tax-exempt market appeared to be stronger for its fifth consecutive trading session as primary supply is limited this week. Some traders say if yields go much lower, the market could see another sell-off.

The tax-exempt market was stronger for the fourth consecutive trading session as market participants turned to the secondary for direction after limited primary issuance.

NEW YORK – The tax-exempt market was stronger for the fourth consecutive trading session as market participants turned to the secondary for direction after limited primary issuance.