Secondary bond market

Total municipal CUSIP requests fell in July after three months of increases, according to CUSIP Global Services.

Municipal yields fell as much as three basis points on the long end of the AAA curves.

Municipal bonds were little changed on Monday ahead of this week's new-issue calendar.

Municipal bonds finished out the month on a strong note, with yields dropping by as much as two basis points on Friday.

Muni yields fell by as much as three basis points, according to readings on the AAA muni scales. However, some traders and analysts said this market is too tight given COVID-19 threats. Lipper reported $1.8 billion of inflows in the latest week.

Municipals were little changed as all eyes focused on the primary.

Municipals held firm as more new deals swarmed into the marketplace.

The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.

Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.

Municipals finished mostly stronger on Thursday as retail investor confidence remained high for the 11th straight week. Taxable 'social' bonds for nonprofits are making their mark in the municipal space.