Primary bond market

The yield curve adjusted lower every day last week, drawing strong inquiries to dealers, "especially in the 10-to-15-year space that had been hit hardest in March," Birch Creek Capital analysts noted in their weekly market commentary.

"Historically, the weeks leading up to the April 15 tax day have been challenging for the municipal market, often due to weaker supply and demand dynamics," said Sam Weitzman, a product manager at Western Asset.

The current 18,000-seat facility cost $87.7 million, and the city covered the cost with cash from its penny sales tax.

New Hampshire's deals are always well received, according to the state treasurer. She hopes that trend holds in this week's market.

Munis saw small gains Thursday, continuing the slight turnaround in sentiment the market has seen this week, with muni yields seeing modest bumps each day, said Jeremy Holtz, a portfolio manager at Income Research + Management.

Wednesday saw the third consecutive day of falling muni yields, suggesting the market is recovering from last week's selloff. The market is well-positioned for "a strong snapback," according to James Pruskowski, managing director at Hennion & Walsh Asset Management.

Moody's assigned its first-ever rating to munis backed by bitcoin ahead of a deal in New Hampshire. 

Issuance was $50.081 billion in 697 issues, up 17.3% year-over-year from $42.709 billion across 726 transactions.

Moody's Ratings upgraded Alum Rock Union Elementary School District on proactive management actions in the face of enrollment and fiscal challenges.

Many investors are waiting to see if the pattern of falling yields continues, according to Chris Brigati, managing director and CIO at SWBC.

The tax could result in an increase in demand for the state's municipal bonds.

This strength comes after another "challenging week" for the muni market, which continued to deal with ongoing macroeconomic uncertainty and somewhat heavy supply, said Daryl Clements, a muni portfolio manager at AllianceBernstein.

Children's hospital achieves moderate to low-risk yield on junk-rated bonds boosted by insurer.

Triple-A Harvard's latest deal provides, through its offering documents, a snapshot of the state of the Trump administration's campaign against the school.

Three negative outlooks and choppy market conditions weren't ideal conditions for a massive $2.6 billion bond issuance, which was trimmed to $2.3 billion.

Ending a challenging week with ongoing geopolitical tensions and rising oil prices, muni yields were cut one to four basis points, depending on the scale.

The new state income tax is expected to make Washington munis, which are exempt, more attractive for high-earning residents.

Investors pulled $600 million from municipal bond mutual funds in the week ended Wednesday, according to LSEG.

The East San Francisco Bay area water and wastewater utility will price into a market that has seen increased revenue bond issuance.

Despite headwinds in the higher education sector, Louisiana State has enjoyed rising undergraduate enrollment.