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The tax-exempt market continued to strengthen for the fourth consecutive trading session as limited primary issuance forced participants to turn to the secondary market for direction.
By Taylor RiggsMarch 26 -
After a wild ride between weakness and firming last week, the tax-exempt market is taking it slow Monday morning. Low issuance levels will help steady the tone this week, traders say.
By Taylor RiggsMarch 26 -
The tax-exempt market strengthened for the third consecutive trading session Friday, wrapping up a mixed week that saw weaker munis in the beginning and a rally to finish.
By Taylor RiggsMarch 25 -
NEW YORK – The tax-exempt market strengthened for the third consecutive trading session Friday, wrapping up a mixed week that saw weaker munis in the beginning and a rally to finish. Deals that came in the latter part of the week were received much better than deals that were priced earlier.
By Taylor RiggsMarch 23 -
The tax-exempt market ended the week on a much firmer tone. Munis started off very weak in the beginning of the week, but slowly strengthened as new deals were attractively priced and received better reception.
By Taylor RiggsMarch 23 -
The tax-exempt market was stronger for the third consecutive trading session as market participants felt more confident entering the market as deals were very well received in the latter portion of the week.
By Taylor RiggsMarch 23 -
The tone in the tax-exempt market was positive Thursday as prices were bumped on deals in the primary and buyers became more comfortable reentering the market at higher yields.
By Taylor RiggsMarch 22 -
NEW YORK – The tone in the tax-exempt market was positive Thursday as prices were bumped on deals in the primary and buyers became more comfortable reentering the market at higher yields.
By Taylor RiggsMarch 22 -
The tax-exempt market was stronger Thursday, following Treasuries, as appetite for safe haven assets returned to the market place. New issues were received well after the large back up in yields earlier this week.
By Taylor RiggsMarch 22 -
The tax-exempt market has appeared to make a turnaround for the better, as munis are stronger for the second day in the row. Many traders said deals were priced much better yesterday following a week of large backups in yields.
By Taylor RiggsMarch 22 -
The tax-exempt market ended slightly stronger on Wednesday, following Treasuries, as buyers were more comfortable entering it after a six-day losing streak.
By Taylor RiggsMarch 21 -
NEW YORK – The tax-exempt market ended slightly stronger on Wednesday, following Treasuries, as buyers were more comfortable entering the market after a six-day losing streak.
By Taylor RiggsMarch 21 -
The tax-exempt market was stable in early Wednesday afternoon trading as deals were being priced better after yields rose double digits over the past week.
By Taylor RiggsMarch 21 -
The tax-exempt market weakened for its seventh consecutive trading session as muni buyers dried up and bids-wanted remain high.
By Taylor RiggsMarch 21 -
The tax-exempt market weakened for the sixth consecutive trading session by looming supply in the pipeline this week and leftover supply from previous weeks. Most traders agreed the supply and demand imbalance may not go away any time soon.
By Taylor RiggsMarch 20 -
NEW YORK – The tax-exempt market continued to be driven lower for the sixth consecutive trading session by looming supply in the pipeline this week and leftover supply from previous weeks. Most traders agreed the supply and demand imbalance may not go away any time soon.
By Taylor RiggsMarch 20 -
Municipal bonds continue to weaken on looming supply as traders say that news hasn’t changed and will continue to tell the whole story in the tax-exempt market this week.
By Taylor RiggsMarch 20 -
The tax-exempt market was weaker Tuesday morning for the sixth consecutive trading session as looming supply continues to throw the supply and demand balance off kilter.
By Taylor RiggsMarch 20 -
The tax-exempt market continued its losing streak for the fifth consecutive trading session as munis weakened under the pressure of a heavy primary calendar.
By Taylor RiggsMarch 19 -
NEW YORK – The tax-exempt market continued its losing streak for the fifth consecutive trading session as munis weakened under the pressure of a heavy primary calendar.
By Taylor RiggsMarch 19