Fixed income

With municipal yields rising more than they have in years, investors see a rare opportunity for fourth-quarter tax swaps.

Issuance was light as the municipal bond market got hammered by jumping Treasury yields.

Newly issued Treasury securities held in stripped form increased about $1.35 billion in September.

Munis weakened significantly for the second day in a row after the 10-year Treasury hit 3.1268% Wednesday, its highest point since 2011.

The Bond Dealers of America has formed a Fixed Income Market Structure Working Group to advise regulators, lawmakers and market participants on structural changes in the fixed income industry and marketplace.

Newly issued Treasury securities held in stripped form decreased about $885 million in August to a total of $287.949 billion.

Newly issued Treasury securities held in stripped form increased about $1.584 billion in July.

Not content with a previous warning investors should brace for U.S. yields of 4%, Jamie Dimon went one further this weekend, suggesting 5% was a distinct possibility.

The Treasury Department's August quarterly refunding of $78.0 billion will raise $39.8 billion new cash.

Bradley Wendt, a former investment banker with extensive experience in municipal bonds, interest rate swaps, and other fixed income products, joins Treasury's Office of Domestic Finance.

During more than a half century in the municipal bond business, Edward A. Moos was proprietor of E.A. Moos & Co. and a past governor of the Municipal Bond Club of New York.

Newly issued Treasury securities held in stripped form increased about $5.881 billion in April to a total of $283.836 billion, the Bureau of the Public Debt reported Wednesday.

Scarcity mixed with strong demand and Fed announcements on rates and inflation helped munis outperform most fixed-income assets so far this year.

Muni portfolio manager J.B. Golden combats spread compression with defensive duration, laddering, premium bonds, and a tilt toward credit opportunities.

Newly issued Treasury securities held in stripped form increased about $5.475 billion in April to a total of $279.954 billion.

Municipal bond buyers had billions of new paper flow into the primary market - which took it all down but overall the market was weaker for the second day in a row as Treasury yields continue to climb.

Newly issued Treasury securities held in stripped form increased about $5.302 billion in February to a total of $272.479 billion.

Declining volume and demand shifts won't stop the muni market from delivering positive returns in 2018, says Oppenheimer & Co.'s Jeffrey Lipton.

Newly issued Treasury securities held in stripped form increased about $2.944 billion in February to a total of $267.178 billion.

Newly issued Treasury securities held in stripped form increased about $2.132 billion in January to a total of $264.234 billion.