Fixed income

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.

The Treasury Department's November quarterly refunding of $66.0 billion will raise $19.4 billion new cash, Treasury announced Wednesday.

The Treasury Monday estimated it will borrow $441 billion of net marketable debt in the first quarter of 2018, assuming a $210 billion cash balance on March 31.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 1.295% high yield, a price of 99.899278.