Primary bond market

Municipal bond volume soars to nearly $12 billion next week as supply-starved buyers await the new issue slate.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.03% from 4.01% the week before.

The Hutchinson Shockey name will continue after its acquisition by Ohio-based Huntington Bancshares.

Puerto Rico issues rallied after the main parties reached a deal on the restructuring of Puerto Rico Sales Tax Financing Corp. bonds.

Puerto Rico issues rallied after the central parties reached a deal concerning Puerto Rico Sales Tax Financing Corp. bonds.

Mark Paris and Stephanie Larosiliere of Invesco are optimistic on technicals in the municipal bond market given the length of this business cycle. John Hallacy is host.

Short term gains would be overshadowed by long-term risks, according to Municipal Market Analytics.

Municipal CUSIP requests declined in July after four straight months of volume increases, suggesting a slowdown in issuance ahead.

The NYC Council has approved up to $500 million of bonds to back an additional financing by the Hudson Yards Infrastructure Corp

The municipal bond market saw more supply hit the screens on Wednesday, topped by New York City’s big general obligation bond offering.

A conduit issuer that Florida created as an alternative to public-private partnerships is readying its first appearance in the market.

The county will sell $150 million of sales tax-backed paper, already rated AAA by S&P.

New York, Wisconsin and California issuers priced bonds as investor demand continued to support municipal debt, analysts and traders said. Deals ran the gamut from high-grade to high-yield.

Led by issuers in New York, Minnesota and Michigan, municipal bond buyers saw more supply head their way on Tuesday.

The early birds caught New York City general obligation bonds, as RBC priced an $810 million offering to retail buyers to start a busy primary week.

Underwriters and issuers agree that G-17 disclosures have become boilerplate and excessive, but diverge on whether a complete opt-out should be allowed.

The market is prepping for $7.5 billion of new paper that is set to hit the market, as more than $50 billion in August redemptions free up cash to buy bonds.

This sultry summer week will get even hotter as about $7.5 billion of municipal bonds are on tap to be offered up to buyers. Deals will be coming for a variety of issuers across the country, ranging from high-quality to high-yield.

Wells Fargo Securities announced the additions of Randy Campbell and Jim Perry to its public finance team, both jumping over from Morgan Stanley.

The market was quiet on Friday ahead of a $7.5 billion new issue calendar as more than $50 billion in August redemptions frees up cash to buy bonds.