The municipal market appears content to follow Treasuries and appears slightly weaker Monday on little activity.

Treasuries have gradually moved higher to start the day’s session, falling on the heels of four consecutive days of losses to close out last week. A smaller muni calendar, which mostly starts Tuesday, and many market participants on vacation herald a lackadaisical session.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.