Secondary bond market

With stocks and equities continuing their sell-off, munis continue to flex their muscles — even with a budget showdown in Washington taking place.

The municipal market held firm on Thursday, as new issuance for the year ground to a near halt amid demand for safe investments.

Fresh off another 25 basis point increase in the fed funds rate, the muni market firmed again, with new issuance pretty much curtailed until the New Year.

The Federal Open Market Committee cut its projection for next year to two rate increases from three.

A lone large deal came into an even stronger municipal bond market, as all eyes are on the Federal Open Market Committee.

A few deals trickled into a stronger market, ahead of Wednesday’s interest rate announcement.

The municipal market appears ready to close the year in a positive manner.

Market participants will focus on reading the tea leaves of the Fed statement Wednesday.

The municipal bond market will see a week of meager issuance, as all eyes are on the Federal Open Market Committee and its upcoming meeting.

The holiday season kicks off for the municipal bond market as new issue supply slows to a crawl while the year winds down.

As the end of the year approaches, new issue supply slows down.

A school district in upstate New York missed a bond payment last month because of a snow day.

Market data shows the trading gap between A-rated and BBB-rated corporate bonds has widened in volume.

Municipals were mixed at midday as Treasury bonds weakened while the last of the week’s supply trickled into the primary market.

HJ Sims Managing Director German Ramirez and Senior Vice President Richard Prann focus in on the latest developments in Puerto Rico. They talk about what’s been happening with PREPA, COFINA and the GDB -- and discuss implications this may have for bondholders. Chip Barnett hosts.

Municipals look somewhat less attractive following last week’s rally, but should maintain a firm tone through year-end, an analyst said.

Municipal bonds were trading mixed in mid-session activity as more supply came to market.

The market absorbed a surge in bond issuance, led by the Dormitory Authority of the State of New York and the Illinois Toll Highway Authority.

Richard Gounaud, accused by the SEC of participation in a muni bond "flipping" scheme, claimed the use of the slang term created unfair bias.

With only a few weeks left in the year, the muni market is poised for a burst of activity, while also looking ahead to what 2019 might bring.