Commonwealth of Massachusetts

The municipal bond market is gearing up for about $7.3 billion of new supply this week, with $2.51 of that coming from two issuers.

Municipal bonds turned weaker at midday as the market looks ahead to next week’s healthy new issue calendar.

Little activity is expected in the municipal bond market ahead of next week’s new issue slate.

Municipal bonds finished mixed in secondary trading Wednesday, while a big North Carolina bond deal priced Massachusetts sold several large note offerings in the primary.

Action got started right away on Wednesday, as the big North Carolina bond deal priced early on Wednesday, while muni yields are unchanged to slightly lower.

The big North Carolina bond deal priced early on Wednesday while traders are set to see the large Massachusetts note offerings go out for the bid later in the day.

Primary municipal bond market volume is set to rebound to a more normal level in the coming week, bringing traders a variety of offerings.

Gov. Charlie Baker says it falls within a 'reasonably manageable' range

Top shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to next week’s smaller-than-average new issue calendar, which Ipreo estimates at $4.24 billion.

Municipal bond traders on Friday are already looking ahead to next week’s smaller-than-average new issue calendar, which will be topped by New York City’s big general obligation bond sale.