Secondary bond market

Just when we thought levels could not go lower, here we are just a few basis points off the March lows in yield.

More municipal supply hit the market on Wednesday with the University of Connecticut’s $240 million general obligation deal attracting interest.

Municipal bond buyers faced a wide variety of securities that came to market on Monday.

Action got underway in the primary on Monday as an Iowa school district sold over $100 million of general obligations.

Next week’s calendar should benefit from timing and availability coming on the heels of both the income tax deadline and the holiday-shortened week.

A few taxable deals came into a weaker market today, highlighting the significance of what issuers can tap into by issuing taxable munis.

The day after tax day did not diminish demand for munis as customer inquiry, especially on the short end, was strong.

Volume for the week is estimated at $3.6 billion with a few notable deals slated for sale.

Municipal supply will slip in the holiday-shortened trading week, but that doesn't mean there won't be things to watch for in the market.

All eyes were on the enormous California offering. PREPA bonds have risen this month as investors anticipate a deal to restructure its debt is gaining support.