Taylor Riggs

The tax-exempt market had a tough time snapping out of weekend mode on Monday as trading activity was slow and munis ended the day flat.

The municipal bond market appeared to take a vacation day on Monday as trading activity was very slow. Traders are waiting for primary issuance to hit later in the week to provide direction.

The tax-exempt market was feeling the effects of a quiet summer August day as traders said the market was very slow.

The tax-exempt market struggled to find footing Friday and ended the week lower. Without primary issuance to provide direction, muni yields followed Treasury yields higher as the risk-on trade took over.

After a stronger session Thursday, munis gave up gains and then some on Friday as munis followed Treasuries lower. Yields on fixed-income assets spiked as better-than-expected July jobs numbers buoyed risky assets.

The tax-exempt market looked steady to weaker Friday morning in what has been a mixed week.

The municipal bond market ended firmer on Thursday after a few days of steady to weaker trades as fixed income assets traded higher after disappointing news from the Fed and ECB.

The municipal bond market was firmer Thursday afternoon, following Treasuries as the week's largest deal priced for institutions. Fixed-income assets were stronger after the Fed and ECB disappointed and investors flocked to safe haven assets.

The municipal bond market ended Wednesday mostly steady despite driving forces that traders said should have provided some direction to the market.

The tax-exempt market had mixed results Wednesday as traders waited for the FOMC announcement. The week's largest deals were mixed, with some bumping prices while others had to increase yields on certain maturities.

Activity in the tax-exempt market was slow Wednesday morning as traders awaited the biggest deals of the week. Fixed-income assets were also relatively quiet ahead of the Federal Open Market Committee meeting announcement.

The tax-exempt market turned to the primary market for direction Tuesday as traders looked to see how this week's balance of supply and demand would play out. Munis ended flat for the day after two sessions of losses.

The municipal bond market turned to the primary market for direction as pricing got underway Tuesday afternoon. Traders said deals priced today could set the tone for the week.

The municipal bond market was steady Tuesday, as traders waited to see how primary issuance was priced before deciding on a direction. This week's supply is expected to be manageable and deals today could set the tone for the week.

The tax-exempt market continued a second session of losses Monday as yields were steady to two basis points higher.

The municipal bond market continued to weaken Monday afternoon as traders await August 1 reinvestment money to hit the market.

The municipal bond market continued to weaken for a second consecutive trading session after a 24-session rally that brought yields to record lows across the curve.

The tax-exempt market ended weaker on Friday, following Treasuries, on positive news out of Europe and better than expected GDP numbers.

The tax-exempt market slowed Friday afternoon as most market participants had completed their trades for the week. Munis were steady to slightly weaker, traders said, but said the market could firm again next week.

The municipal market was weaker Friday morning, jeopardizing a 24-session rally streak that began June 22. Muni yields followed Treasury yields higher.