Municipal bond funds

Some say cheapness on the short end of the municipal yield curve is starting to boost investor demand.

Morgan Stanley priced $575 million of airport system bonds for Sacramento County.

Municipal market volume will rise by two-thirds to $7.45 billion in the coming week, led by a $2 billion taxable deal from California.

California’s $2.2 billion taxable sale is in the spotlight as the market gets set for a $7.5 billion supply slate.

The imbalance of supply and demand continues to crimp activity for some municipal bond professionals.

Municipal bonds remained stronger as a high-grade deal from Charlotte, N.C., came to market.

Weekly municipal market volume is expected to sink back below $5 billion in the coming week, making it harder for investors to price bonds.

Municipal market participants will return to their desks next week and see a $4.8 billion new issue calendar.

Traders noted some caution in the muni market ahead of Friday’s release of the March unemployment report.

The second-quarter kicked off Monday with a little more optimism among municipal market participants after "one of the worst quarters in a long, long time."