Taylor Riggs

New York City offered $500 million of general obligation bonds for retail investors Monday with traders saying the deal was accurately priced and should lure in plenty of investors eying high-grade double-A GOs.

The tax-exempt market opened Monday morning on a stronger note for the ninth consecutive session as traders said the market felt about one basis point stronger.

The tax-exempt market extended its string of gains to an eighth session Friday as muni prices continued to climb on limited new-issue muni supply and bullish sentiment from buyers left over from the Federal Reserve’s decision Wednesday to maintain economic stimulus.

The municipal bond market posted its biggest one-week rally since June as the 10-year yield fell 22 basis points on prospects of continued economic stimulus from the Federal Reserve.

The tax-exempt market continued to post gains Friday afternoon as traders said dealers were replenishing inventory and willing to pay up in price to get bonds back on their books.

Trading in the tax-exempt market continued to stay active coming off of the Federal Reserve rally on Wednesday, though yields started to steady Friday morning.

The municipal bond market defied a softer Treasury market Thursday, extending its Federal Reserve rally into a second session.

A fading Treasury rally wasn’t enough to dampen the firmer tone for municipal bonds Thursday afternoon as muni prices extended gains into another session, building off the stronger tone after Wednesday’s Fed announcement.

The municipal bond market extended its Federal Reserve rally Thursday morning after yields fell almost double digits Wednesday following an announcement by the Fed it would not change its $85 billion-a-month asset purchases.

The tax-exempt market did an about-face and ended much firmer Wednesday afternoon, following weaker trades in the morning, after the Federal Open Market Committee announced it would make no changes to its $85 billion-a-month bond purchasing program.

With most of the new issues pricing Tuesday, the secondary market took traders' attention Wednesday ahead of the impending Federal Open Market Committee meeting announcement.

The tax-exempt market saw light trading ahead of the Federal Open Market Committee meeting announcement later Wednesday afternoon.

Trading on basic supply and demand patterns, the municipal bond market ended firmer Tuesday as buyers placed aggressive bets on limited supply.

The tax-exempt market continued to take direction from the primary market as deals were priced aggressively and higher demand with light new issuance kept bond prices higher.

Traders eyed deals in the primary market Tuesday after several days of firmer trades in the secondary market. Activity is expected to be fairly active ahead of Wednesday's Federal Open Market Committee meeting announcement.

The tax-exempt market posted its strongest rally in more than a month Monday as yields fell almost 10 basis points on a small new-issue calendar and news that Larry Summers — who had been the front-runner to replace Ben Bernanke as the chairman of the Federal Reserve — withdrew his name from consideration.

The rally in the tax-exempt market started to slow a bit from the morning's big gains, though traders said the market was still stronger. Traders said bond prices are also being supported by recent poor economic news, and the possibility the Federal Reserve will taper less than what was originally thought.

The tax-exempt market opened with solid gains Monday morning, extending last week's rally. Prices were higher with Treasuries after Larry Summers, considered the front-runner to replace Ben Bernanke as the chairman of the Federal Reserve, withdrew his name from consideration.

The tax-exempt market ended the week on a strong note, posting gains with Treasuries as buying confidence increased as the week progressed.

The tax-exempt market made gains in every session this week as buyers became more confident about participating in the market as the week progressed.