Taylor Riggs

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.

NEW YORK – The tax-exempt market was business as usual, with the typical Monday feeling taking over the market.

Buying and selling in the tax-exempt market is tentative on Monday as lack of motivation stalls the market.

The municipal market appears to be digesting new issues fairly well as buyers eat up supply as the year-end approaches.

NEW YORK — Municipal bond investors were determined to put money to work Friday in the face of falling yields and a dearth of high-quality blocks.

The tax-exempt market saw reasonable activity Thursday as supply was well absorbed.

NEW YORK — The tax-exempt market saw reasonable activity Thursday as supply was well absorbed.

Even though the primary market is light as the end of the week approaches, buyers are still eating up new bonds.

With the primary market slowing down, the tax-exempt market turned to the secondary Thursday morning.

Munis ended flat across the curve Wednesday, proving the tax-exempt market can hold its own despite weaker Treasuries and a surge in the stock markets.

NEW YORK — Munis ended flat across the curve Wednesday, proving the tax-exempt market can hold its own despite weaker Treasuries and a surge in the stock markets.