Markets

In the week ended May 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell one basis point to 4.21% from 4.22% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Hardy Manges, head of municipal dealer sales’ at MarketAxess, discusses the impact of technology on the muni market. He also looks at trends in e-trading muni bonds and gives an update on MarketAxess' platform, which is about a year into its venture in the muni space. Hosted by markets reporter Aaron Weitzman.

Municipal bonds finished mixed on Thursday as the last of the week’s hefty supply was coming to market.

A Dallas school bus agency fell to a junk bond rating as a potential default neared.

A federal judge dismissed two lawsuits that attempted to block All Aboard Florida’s use of bonds.

The Illinois Senate President warned that disaster looms if historic gridlock doesn't end soon.

The Treasury Department Tuesday auctioned $15 billion of 30-year bonds with a 3% coupon at a 3.050% high yield, a price of 99.021791.

MBIA Inc. said first quarter profit of its U.S. public finance business fell as premiums from refunding transactions declined.

Municipal bonds were trading mixed at midday as the last of the week’s hefty supply was coming to market.

Municipal bond traders will be looking to see the last of the week’s hefty new issue slate come to market on Thursday.