Taylor Riggs

The tax-exempt market gained Monday, blindly following Treasuries as the primary and secondary markets offered no guidance.

NEW YORK – The tax-exempt market gained Monday, blindly following Treasuries as the primary and secondary muni markets offered no guidance.

NEW YORK – The tax-exempt primary market is slow, but that isn’t stopping traders from making moves in the secondary.

The tax-exempt market ended the week on a strong note as last-minute shoppers made final purchases, pushing the 10-year yield to a new low.

NEW YORK – The tax-exempt market ended the week on a strong note as last minute shoppers made final purchases, pushing the 10-year yield to a new low.

The tax-exempt market was stronger Friday afternoon as traders rushed to finish up deals before the weekend.

The shelf life for bonds this week is shorter as traders look to sell after making a big push to buy them earlier in the week.

The tax-exempt market seemed confused Thursday, with some traders noting deals were well received, and others saying there was very little interest.

NEW YORK – The tax-exempt market seemed confused today, with some traders noting deals were well received, and others saying there was very little interest.

The tax-exempt market is beginning to deaden before the holidays as trading activity slows in the secondary.

Buyers continue to devour bonds as the holiday rush sets in as traders look to push cash to work.

The tax-exempt market firmed Wednesday, following Treasuries, as buyers continued their holiday shopping for new bonds.

NEW YORK – The tax-exempt market firmed Wednesday, following Treasuries, as buyers continued their holiday shopping for new bonds.

Secondary activity is slowing in the afternoon as traders digest new issuance.

The tax-exempt market started out busy Wednesday as the primary calendar had its fullest day of the week and trading was lively.

The tax-exempt market pared morning losses in the afternoon upon news that the Federal Open Market Committee would not take further action.

The tax-exempt market pared morning losses in the afternoon upon news that Federal Open Market Committee would not take further action. While munis ended the day mostly flat, traders said the focus of the market is on the long end.

As primary deals come to market, the secondary is focused on the long-end of the curve with traders rebalancing portfolios ahead of the New Year.

It is calm before the storm in muni land Tuesday morning as trading is quiet ahead of several big deals expected to come later in the day.

The tax-exempt market was business as usual, with the typical Monday doldrums taking over the market.