Taylor Riggs

NEW YORK – The tax-exempt market ended the week on a strong note after five consecutive days of losses. On Friday, munis followed Treasuries higher after European finance leaders rejected Greece’s spending cuts and once again pushed investors into safe haven assets.

After rallying Friday morning on negative news from Greece, the tax-exempt market was holding steady in the afternoon.

The tax-exempt market is ending the week on a strong note, following Treasuries, after European finance leaders rejected Greece’s spending cuts and once again pushed investors into safe haven assets.

The tax-exempt market slipped lower Thursday for the fifth consecutive session, following Treasuries. Limited supply failed to provide direction for munis so bond prices fell on positive reports that Greece is closer to receiving a bailout to avoid default and positive news from the United States that unemployment claims fell.

NEW YORK – The tax-exempt market continued to slip lower Thursday for its fifth consecutive day, following Treasuries. Limited supply failed to provide direction for munis and so the bonds fell lower on positive reports that Greece is closer to receiving a bailout to avoid default and positive news from the U.S. that unemployment claims fell.

The tax-exempt market continued to weaken Thursday afternoon as limited supply provided no direction. While activity was up from previous days this week, munis followed Treasuries lower on good news from Greece and better-than-expected unemployment claims.

Activity in the tax-exempt market picked up Thursday morning as dealers seemed more willing to participate. Traders said reaction to positive news from Greece and a drop in unemployment claims in the U.S. was limited as munis remain flat.

The muni market was both "weird" and "apathetic" Wednesday, according to traders, who said most participants spent the day watching despite new deals that appeared to be well-received.

NEW YORK – Apathy was the word used to describe Wednesday’s tax-exempt market.

The tax-exempt market is slightly lower Wednesday, but a turnaround could be on the horizon.

The tax-exempt market continued to lose ground for its third consecutive session as demand in the primary market failed to buoy munis.

NEW YORK – The tax-exempt market continued to lose ground for its third consecutive trading session as the primary market couldn’t get enough action to rally bonds. Bonds prices were cut on new deals from Monday’s retail order periods and the secondary market showed weakening.

Munis continue to weaken Tuesday, following Treasuries, as primary issuance isn’t enough to buoy markets. Secondary market activity is light and bonds are trading weaker.

Tax-exempts will look to the primary market for direction as secondary trading remains light and munis start the day slightly weaker.

The tax-exempt market was slightly weaker with very light activity, as most traders recovered from a New York win in the Super Bowl. Munis followed Friday's weaker direction.

NEW YORK – The tax-exempt market was slightly weaker with very light activity, as most traders recovered from a New York win in the Super Bowl. Munis followed Friday’s weaker direction.

The tax-exempt market was quiet Monday afternoon. After a strong rally over the past several weeks, munis are now following Friday’s weaker direction.

The tax-exempt market was very quiet Monday morning as most traders recovered from a Super Bowl hangover. The primary calendar is expected to be very small this week, adding to the lull already in the market.

The two-week muni rally paused on Friday as a better than expected employment report buoyed stocks and pulled Treasuries down, taking munis with them.

NEW YORK – The two-week muni rally paused on Friday as a better than expected employment report buoyed stocks and pulled Treasuries down, taking munis with them.