State of Texas

Houston also will offer investors $1B of utility system revs.

After a wild and crazy week that saw the yield curve invert for the first time in 12 years, recession talk, and record lows for muni yields — there was a much calmer tone on Friday.

The municipal bond market took a breather on Thursday as the last of the week’s larger deals came and went.

Municipal bonds continued their rally on Wednesday, and pushed tax-free yields to their lowest levels ever.

Deals from Texas and Virginia led the slate of new issues that hit the market on Tuesday.

Issuers and buyers will both be watching the direction bond yields take this week.

It's the state government's largest annual note deal since 2012.

After effortlessly taking down $13.2 billion of bonds this past week, muni buyers will see another above-average issuance week with $7.6B.

The market picked up right where it left off on Wednesday — with unwavering demand from investors.

The bond market had no problems whatsoever digesting the primary and in the process saw yields drop down ever lower, getting ever closer to all-time lows.