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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 -
The municipal bond market strengthened Thursday as munis were supported by positive supply and demand factors as well as a weak stock market.
By Taylor RiggsJuly 12 -
The municipal bond market strengthened for the fourth time this week as demand from July reinvestment money dwarfed supply this week.
By Taylor RiggsJuly 12 -
The municipal bond market ended on a stronger tone, following Treasuries, after poor economic data Friday morning. After a quiet week, traders are looking ahead to next week's primary market to help spur activity.
By Taylor RiggsJuly 6 -
The municipal bond market was quiet Friday afternoon even as munis followed Treasuries higher. After receiving July 1 coupon payments this week, traders were preparing to put money to work with some large deals expected next week.
By Taylor RiggsJuly 6 -
Municipal bonds were trading stronger Friday morning as they followed Treasuries higher on poor economic data.
By Taylor RiggsJuly 6 -
The municipal bond market followed Treasuries slightly higher Thursday as a lack of primary issuance couldn't push munis one way or the other. Traders said the market was mostly quiet as participants extended the Fourth of July holiday into Thursday.
By Taylor RiggsJuly 5 -
The municipal bond was very quiet Thursday as traders said the mid-week holiday prompted issuers to postpone deals. Many desks were half staffed as traders extended vacation an extra day.
By Taylor RiggsJuly 5 -
The municipal bond market was very slow Thursday morning as most market participants extended the Fourth of July holiday another day.
By Taylor RiggsJuly 5 -
The municipal bond market ended steady on Tuesday as most traders left early to get a head start on Fourth of July celebrations. Trading activity had noticeably slowed by the afternoon.
By Taylor RiggsJuly 3 -
The municipal bond market saw a flurry of activity Tuesday morning as market participants rushed to complete last-minute deals. Activity is expected to slow by afternoon as investors break early for the Fourth of July holiday.
By Taylor RiggsJuly 3