Taylor Riggs

The tax-exempt market has increasingly been described as bifurcated this week as the tone in the primary market feels strong while the secondary market is weaker.

Tax-exempts continued to remain bifurcated as traders noted the primary market felt firm and deals were going very well while the secondary market was lower.

The tax-exempt market continued to head lower as traders said the market felt a tad weaker Wednesday morning.

The tax-exempt market ended on a mostly flat note Tuesday as the majority of new issues were received very well and bonds in the secondary market traded steady.

Buyers in the tax-exempt market are receiving new issues extremely well as investors continue to put money to work. Meanwhile, secondary market activity is picking up.

After several issues opened retail order periods Monday, the tax-exempt market turned its attention to the primary market for indication on how deals would be received by institutions.

The municipal bond market ended steady to stronger Monday after a day that saw mostly muted activity.

The municipal bond market remained quiet and steady even as a few deals were priced for retail.

The tax-exempt market struggled to wake up Monday morning as traders reported quiet conditions with little activity.

The municipal bond market can expect issuance to come in on par with what the market has seen in recent weeks and market participants expect demand to continue to outweigh supply.

Despite losses earlier in the week, tax-exempts ended stronger Friday paring losses and then some as demand continues to outweigh supply.

Tax-exempts slowed to a crawl Friday afternoon as traders said there was some activity in the secondary, but not enough to move the market.

The tax-exempt market started to slow Friday late morning as traders prepared for the weekend.

The tax-exempt market started to slow down Thursday afternoon after a busy morning as primary deals had all been priced and traders waited to receive allotments.

The tax-exempt market was in wait-and-see mode as all the biggest deals had been priced and traders waited to view final allotments.

The tax-exempt market kept its focus on the primary Thursday as the remainder of the week's largest deals get priced.

The tax-exempt market finished Wednesday mostly steady as a flood of primary deals hit the market.

The tax-exempt market turned its attention to the primary as the biggest deals flooded in Wednesday.

Despite a small selloff over the past two trading sessions, traders in the tax-exempt market continued to express frustration over yields still hovering near their record lows.

The tax-exempt market ended Tuesday weaker, continuing a sell off that began Friday after almost three weeks of gains.