There are $5,593.6 million of municipal bond sales scheduled for negotiated sale next week, versus a revised $66.2 million that were sold this week.
Bonds scheduled for competitive sale next week total $1,476.0 million, compared with $39.5 million this week.
That brings potential volume for next week to $7,069.6 million.
(Sources: Ipreo and The Bond Buyer for next week's figures, Thomson Reuters for this week's figures.)
The market has seen a trend of "happy endings to each week, disappointing Mondays," according to James Pruskowski, managing director at Hennion & Walsh.
"We're going to have some weak days, we're going to have some stronger days, maybe they wash out against each other," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
They are seeking legislation on transportation, water and other topics.
A major multiple-amended housing bill that is expected to expand the use of private activity bonds passes the House and bounces back to the Senate, but obstacles remain over provisions regulating institutional investors.
The former Massachusetts congressman "was a true champion for the municipal bond market," GFOA's Emily Brock said.
The Trump administration took over the Penn Station renovation a year ago, accusing the MTA of mismanagement.
