-
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.
By Taylor RiggsAugust 1 -
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.
By Taylor RiggsJuly 31 -
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.
By Taylor RiggsJuly 31 -
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.
By Taylor RiggsJuly 31 -
The tax-exempt market continued a second session of losses Monday as yields were steady to two basis points higher.
By Taylor RiggsJuly 30 -
The municipal bond market continued to weaken Monday afternoon as traders await August 1 reinvestment money to hit the market.
By Taylor RiggsJuly 30 -
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.
By Taylor RiggsJuly 30 -
The tax-exempt market ended weaker on Friday, following Treasuries, on positive news out of Europe and better than expected GDP numbers.
By Taylor RiggsJuly 27 -
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.
By Taylor RiggsJuly 27 -
The municipal market was weaker Friday morning, jeopardizing a 24-session rally streak that began June 22. Muni yields followed Treasury yields higher.
By Taylor RiggsJuly 27 -
The tax-exempt market held its firmer tone Thursday despite weaker Treasuries and a stronger stock market.
By Taylor RiggsJuly 26 -
The tax-exempt market showed signs of slowing as the majority of expected deals in the primary market had been priced. Munis held a flat tone despite weaker Treasuries.
By Taylor RiggsJuly 26 -
The tax-exempt market was mostly steady Thursday morning, even as Treasuries were weaker on a surging stock market. Limited supply and steady demand is helping keep yields at record lows despite some resistance from traders.
By Taylor RiggsJuly 26 -
The municipal bond market ended higher Wednesday as demand for bonds remains strong. With demand outweighing supply, and tax-exempt yields following Treasury yields lower, muni yields again set fresh records.
By Taylor RiggsJuly 25 -
The tax-exempt market continues to gain Wednesday as demand outweighs supply, pushing muni yields to fresh lows.
By Taylor RiggsJuly 25 -
The municipal bond market continues to strengthen as positive supply and demand factors this week push tax-exempts higher.
By Taylor RiggsJuly 25 -
The tax-exempt market continued its rally Tuesday as positive supply and demand factors, as well as weaker stock markets due to European worries, buoyed safe haven assets.
By Taylor RiggsJuly 24 -
The municipal bond market was stronger again Tuesday as poor economic data and still-lingering economic woes forced a risk-off trade. Fixed-income markets rallied even as yields have hovered at or near record lows for several consecutive sessions.
By Taylor RiggsJuly 24 -
The municipal bond market was trading steady Tuesday morning as participants said there was increased activity in the secondary ahead of many new deals being priced in the primary this afternoon.
By Taylor RiggsJuly 24 -
The municipal bond market closed higher on Monday, extending its 21-session streak of trading steady or stronger, as European economic worries buoyed fixed-income assets.
By Taylor RiggsJuly 23