Taylor Riggs

The tax-exempt market had a small rally Tuesday after losing ground the previous three trading sessions. Deals were priced aggressively and some institutional bond prices were bumped from Monday's retail session.

NEW YORK – The tax-exempt market had a small rally Tuesday after losing ground the previous three trading sessions. Deals were priced aggressively and some institutional bond prices were bumped from Monday’s retail session.

Activity in the tax-exempt market is picking up as the deals that have priced have gone well and buyers wait anxiously for the rest.

The tax-exempt market appears to be taking a breather ahead of the biggest day of issuance this week. Munis were mixed in early trading but volume activity remained depressed.

The tax-exempt market ended Monday weaker, continuing a three-day losing trend. Muni yields rose across the curve, though less so than late last week as volume dwindled.

NEW YORK – The tax-exempt market ended Monday weaker, continuing a three-day losing trend. Muni yields rose across the curve, although less so than they did late last week as volume dwindled.

The tax-exempt market continues to weaken Monday afternoon, but the softness has slowed somewhat. Yields on the long end appear to be only five basis points higher, as opposed to the 10 basis point jumps seen last week.

The tax-exempt market is continuing to weaken for the third consecutive trading session as dealers are looking to sell.

The tax-exempt market ended last week on a soft note as two days of weakening erased two weeks of gains.

NEW YORK – The tax-exempt market ended the week on a soft note as two days of weakening erased two weeks of gains.

The tax-exempt market continued to lose momentum Friday, as yields rose across the curve following big losses Thursday.

The rally that created a flurry of activity earlier in the week has stalled, with trading quiet Friday morning and munis mostly weaker for the second trading session.

The municipal rally that pulled the 10-year and 30-year yields down 15 and 25 basis points in six days is officially over. Or perhaps it has only paused.

The municipal rally that pulled the 10-year and 30-year yields down 15 and 25 basis points in six days is officially over. Yields rose across the curve Thursday, erasing all gains made since last Friday.

Tax-exempt traders agree the muni rally is officially over as munis are very weak Thursday afternoon and activity is quieting down.

After an amazing rally in the municipal market, it appears tax-exempts are facing headwinds Thursday. After yields fell double digits in the past week, customers have purchased enough and are looking to sell.

The tax-exempt market continued to chug along Wednesday as munis remained unfazed by supply in the primary market and weakening Treasuries. The 10- and 30-year muni yields continued to break record lows for the sixth consecutive trading session.

NEW YORK – The tax-exempt market continued to chug along Wednesday as munis remained unfazed by supply in the primary market and weakening Treasuries. The 10-year and 30-year muni yields continued to break record lows for the sixth consecutive trading session.

Despite weaker Treasuries and several deals in the primary market Wednesday, munis are continuing to hold their own and remain firm.

The tax-exempt market appears to be quiet before the storm. Trading activity is slower Wednesday morning ahead of several big deals expected to hit the market later today.