Primary bond market

Municipal bonds were mixed ahead of this week’s smaller-than-average new issue calendar and the FOMC meeting.

Munis will see more than $5 billion of new supply, with the Federal Open Market Committee set to meet next week and raise interest rates again.

Municipal bond buyers will see a smaller-than-average new issue calendar as issuers remain cautious ahead of the Federal Reserve's monetary policy meeting

In the week ended June, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.98% from 3.96% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

May was the third straight month of growth in the municipal CUSIP category, driven by pent-up demand.

Municipal bonds continued to show weakness at midday as the last of the week's larger deals were selling.

Puerto Rico bonds traded up after reports of a settlement among bondholders; the broader municipal bond market turned mostly weaker.

Municipal bonds were mixed with some Puerto Rico issues trading higher as the primary saw a bevy of new deals hit the screens.

The city will decide whether to apply the designation to an upcoming deal to fund housing for homeless people.

The municipal bond market saw billions of dollars of bonds hit the screens on Tuesday.

The muni industry's self regulator said issuers have found underwriters' disclosure letters to be too long, filled with boilerplate, and duplicative.

The muni market saw several large deals hit the screens Tuesday from issuers in California, Seattle and Connecticut.

The $1.2 billion in bonds are being sold through a conduit by a P3 developer.

With a focus on infrastructure deals, muni buyers are set for a hefty new-issue calendar.

Municipal bonds were mixed on Monday ahead of this week’s hefty new issue calendar.

Spending restrictions attached to a $500 million GO sale have triggered discussion over their effects on the state’s wobbly ratings.

Municipal bond buyers will see a potpourri of offerings hit the screens this week, with infrastructure deals ranging from airports to gas works to ports.

Munis turned mostly weaker on Friday as the market prepared for a fourfold jump in issuance after a holiday shortened week.

Municipal bonds were mostly weaker Friday after a strong employment report and ahead of next week’s almost $10 billion 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, fell to 3.96% from 4.00% the week before.