Southwest

The big New York City issue was priced for retail investors and a large California note issue was offered to buyers, while municipals turned weaker in secondary trade.

Municipals turned weaker on Monday as traders prepared their strategies ahead of the week’s issuance.

Rural governments continue to lose economic ground, according to a Moody's Investors Service report.

Redemption demand should continue to surface this week even with the arrival of new issuance, municipal sources said.

The audit could be part of an ongoing initiative by the IRS to examine refunding bonds, said a lawyer.

New issues were well spoken for on Thursday as hungry investors with available cash participated in the largest deals of the week.

Municipal bond market participants are seeing the last of the week’s healthy new issue slate hit screens.

Buyers vied for volume as a bevy of bonds priced in the primary on Wednesday.

More municipal supply is set to hit the screens on Wednesday as buyers get ready to vie for volume in a tight market.

Municipal bond buyers on Tuesday snapped up deals from New Jersey, New York City and Texas issuers.