Primary bond market

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.

As the last of the week’s larger new issues came to market, municipal bonds finished stronger on Thursday.

New money deals helped issuance rise for the third straight month in May.

Municipal bonds were stronger at midday, holding onto hefty gains made earlier in the week as the last of the week’s larger deals came to market.

Municipals participated in a safe-haven trade on Wednesday following the Treasury-led rally on Tuesday.

Municipal bonds on Wednesday added on to the gains made during Tuesday’s rally.

Municipal bond investors reacted cautiously to the rally in Treasurys as they looked for confirmation that the new yield levels are here to stay.

Intercontinental Exchange agreed to buy TMC Bonds for $685 million in cash just eight days after IHS Markit's deal to buy Ipreo.

While volume will be under $4 billion, strong demand should continue as the muni market is sound technically and investors are flush with cash. Investors are feeling bullish.

Municipal bonds were trading stronger Tuesday, with yields falling as much as five basis points, according to the MBIS benchmark scale.

The holiday-shortened week with the usual accompanying low issuance shouldn’t overwhelm demand, putting the municipal market in a good spot at midyear.