Commonwealth of Massachusetts

The holidays are over and the muni bond market gets set to go back to work.

Municipals were slightly weaker Friday in sympathy with Treasuries following a robust jobs report.

Investor worries about volatility in the stock market helped keep alive the muni rally on Thursday.

As equities traded lower, municipal bonds rallied along with Treasuries on Thursday.

Analysts say lessons from the events of 2018 can forecast what lies ahead in 2019.

Municipal bonds were mostly stronger along with Treasuries amid stock market gyrations.

Municipal bonds were stronger with Treasuries as stock market volatility continued. Trading closed early ahead of the holiday.

The commonwealth intends to sell $915 million of tax-exempt new money and refunding bonds and $50 million of taxable bonds.

The commonwealth's rainy-day fund exceeds $2 billion for the first time in 11 years, state Treasurer Deborah Goldberg said.

The short-end of the municipal bond market is rich relative to U.S. Treasury and corporate bonds, says J.R. Rieger.