Taylor Riggs

The supply and demand imbalance in the municipal market continues to push munis higher. Despite traders noting that activity and volume were weaker Tuesday after a three-day weekend, yields continued to hit new record lows.

The supply and demand imbalance in the municipal market continues to push munis stronger. Despite traders noting that activity and volume was weaker Tuesday after a three-day weekend, yields continued to hit new record lows.

The three-day weekend is taking its toll on the tax-exempt market. Munis are a little stronger but activity and volume is slower than a typical Tuesday.

After a strong rally in the tax-exempt market last week, activity is calmer Tuesday morning as traders get back to work after a three-day weekend.

To say the tax-exempt market finished last week on a high note is an understatement. Munis had a fantastic week, with prices showing double-digit gains and yields setting new record lows as each day passed.

NEW YORK – To say the tax-exempt market finished the week on a high-note is an understatement. Munis had a fantastic week, with prices showing double-digit gains and yields setting new record lows as each day passed.

With muni yields hitting new record lows almost daily, there is some skepticism in the market about how long the rally can last.

Friday looks to be capping a week of what has been nothing less than dramatic for the tax-exempt market.

Munis continue to firm, setting new record lows with each passing day. On Thursday, they proved they could defy Treasuries, climbing higher even as the government bonds weakened.

The remaining bank policyholders suing bond insurer MBIA Inc. have requested that the New York Insurance Department hire an independent expert to analyze expected future losses in MBIA's structured finance portfolio.

NEW YORK – Munis continue to firm, setting new record lows with each passing day. On Thursday, munis proved they could defy Treasuries, climbing higher even as the government bonds weakened.

Munis aren’t jaded by weakening Treasuries as the tax-exempt market continues to firm. Several traders noted prices on bonds in the new issue market were bumped.

The tax-exempt market is still firm Thursday morning, but some traders don’t expect the rally to continue much longer.

Tax-exempt yields seem to keep breaking record lows. With a decent amount of new debt hitting the primary market Wednesday, buyers were scrambling to get their hands on bonds — at any cost.

Raymond James Financial has won the bid to purchase Morgan Keegan, putting a top-ten municipal bond underwriter into the hands of fast-growing Raymond James.

NEW YORK – With every day that passes, tax-exempt yields seem to keep breaking record lows. With a decent amount of new debt hitting the primary market Wednesday, buyers were scrambling to get their hands on bonds – and at any cost.

Munis continued to improve, following Treasuries, as traders said the tax-exempt market was very busy Wednesday afternoon.

Buyers are at it again. After demand pushed the 10-year and 30-year muni yields to new record lows Tuesday, buyers are continuing the momentum Wednesday.

Demand for municipal bonds is coming from all sizes and shapes of borrowers. Both retail and institutional investors are jumping into the market and are going into individual bonds, mutual funds and exchange-traded funds.

NEW YORK – Demand for municipal bonds is coming from all sizes and shapes of borrowers. Both retail and institutional investors are jumping into the market and are going into individual bonds, mutual funds, and Exchange-traded funds.