Municipal bond funds

In secondary trading municipals ended weaker after a strong employment report.

The municipal market kept with a cautious tone on Thursday as the new-issue market continues to digest deals.

While many new-issues are still on the day-to-day calendar for next week, more are being slated to price on specific days, signaling that dealers and issuers are ready to again test the primary.

Benchmark yields fell another 50 to 60 basis points, dropping them more than 1.5% in just four days. Meanwhile, a $450 million taxable new-issue came to market and was eight times oversubscribed.

It's a win-win situation for both buyers and sellers as volume continues to flow into the market.

The muni market was weaker again on Wednesday with yields on the rise, yet that did not slow down the primary. It did not matter if it was tax-exempt or taxable — they were gone in a flash.

Municipal bond buyers will see a $7 billion new-issue calendar ahead.

With demand at an all-time high and record inflows that is continuing to come into the market, one would think there would be more issuance.

Chicago GOs were upsized and repriced on Wednesday to bump yields as indications of interest were taken on the Sales Tax Securitization sale.

Municipal bond buyers have plenty of cash in hand and will have various options as to where to put that money to work.

Retail investors have felt confident in the muni bond space for most of 2019.

While municipal bond volume looks to end the year on a surprisingly high note, muni bond yields unexpectedly hit record lows twice in 2019.

Citi sees volume growing in 2020 to $440 billion with $95 billion of taxables on tap for next year.

Muni yields rose as more bonds hit the marketplace in the last big supply rush of the week.

The Federal Open Market Committee left rates unchanged and looked likely to keep monetary policy on a steady course for the near term.

It's a feast after a feast as billions in bonds are set to hit the marketplace.

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.

Sustainable investing is called “the” trend to watch in 2020 and in the coming decade.

With the addition of two new municipal funds, Baird appeals to more shareholders while expanding its current offerings.

The action in the municipal market won't slow down yet, as bond hungry money managers will get a third week in a row of issuance greater than $11 billion.