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The municipal bond market continued to strengthen after Treasuries hit record low yields this morning. Munis were on pace to set more record lows this afternoon after economic worries from Europe buoyed fixed-income markets.
By Taylor RiggsJuly 23 -
The municipal bond market strengthened Monday morning, following Treasuries higher, as economic worries coming from Europe pushed all risk-off assets higher.
By Taylor RiggsJuly 23 -
The municipal bond market continued its firmer tone on Friday, capping what has been a 20-session streak of steady to lower yields. Tax-exempt yields set new record lows on the long end this week as demand continues to outweigh supply.
By Taylor RiggsJuly 20 -
Despite being a summer Friday afternoon, the municipal bond market continued to strengthen as the market followed Treasuries higher. Both markets saw yields near record lows.
By Taylor RiggsJuly 20 -
The municipal bond market continued to strengthen Friday morning although most of the week's primary issuance had already been priced. Munis were following Treasuries higher even as yields hovered at or near record lows.
By Taylor RiggsJuly 20 -
Demand in the municipal market continued to match supply as the tax-exempt market extended its streak of steady to lower yields on Thursday.
By Taylor RiggsJuly 19 -
The municipal bond market was steady to a little firmer Thursday afternoon after the majority of the week's new issues had been priced. Demand from July reinvestment money continues to support the market.
By Taylor RiggsJuly 19 -
The municipal bond market was flat ahead of the last major day for primary issuance this week. Deals have been well received but the market traded mostly steady this week.
By Taylor RiggsJuly 19 -
The tax-exempt market looked to the primary Wednesday as many of the week's big deals, including the largest, were priced. Buyers looked for deals in the new-issue market, keeping activity in the secondary market at bay.
By Taylor RiggsJuly 18 -
The municipal bond market was steady Wednesday morning as traders said the secondary market was quiet as buyers turned their attention to the primary.
By Taylor RiggsJuly 18 -
The municipal bond market has been flat to firmer this week and that trend continued Wednesday as munis were flat in morning trading. The secondary market was fairly quiet as investors awaiting a buying opportunity in the primary market.
By Taylor RiggsJuly 18 -
The tax-exempt market ended steady Tuesday, continuing a 17-session streak of steady to firmer munis.
By Taylor RiggsJuly 17 -
The municipal bond market was stronger Tuesday as one the week's largest deals was priced. Munis were stronger despite a weaker Treasury market after Federal Reserve Chairman Ben Bernanke's testimony to Congress.
By Taylor RiggsJuly 17 -
The municipal bond market continued its rally Monday, despite limited new issuance in the primary market. Strong demand has once again pushed the 30-year yield to a new record low.
By Taylor RiggsJuly 16 -
The municipal bond market continued to firm Monday even after a large rally last week. Munis followed Treasuries higher after economic worries forced the risk-off trade.
By Taylor RiggsJuly 16 -
The municipal bond market was much stronger Monday morning, following Treasuries, as both markets saw yields approach record lows.
By Taylor RiggsJuly 16 -
The municipal bond market ended steady on Friday after a very strong week.
By Taylor RiggsJuly 13 -
The municipal bond market ended the week flat after a strong rally dragged yields down to record lows. Traders said munis are likely to continue to outperform next week as strong demand could outweigh supply.
By Taylor RiggsJuly 13 -
The municipal bond market continued its firm tone Friday morning after a rallying all week. So far this week, the 10-year yield fell eight basis points while the 30-year yield plunged 16 basis points to hit a record low. Still, buyers continued to eat up supply.
By Taylor RiggsJuly 13 -
The municipal bond market continued to strengthen for the fourth session this week as supply outweighed demand and weaker stocks buoyed fixed income markets.
By Taylor RiggsJuly 12