Secondary bond market

Municipal market buyers aren't waiting for the rating agencies -- they're already trading Illinois paper at junk bond levels.

Top shelf municipal bonds were weaker at mid-session,, according to traders, who were making preparations to tackle next week's calendar. Ipreo estimates next week's volume at $6.01 billion, consisting of $4.94 billion of negotiated deals and $1.08 billion of competitive sales.

Municipal bond traders are taking a breather on Friday after a heavy slate of new issues priced this week. Traders will be eyeing market volatility which saw yields see-sawing back and forth.

Top quality municipal bonds ended weaker on Thursday, according to traders, as the last big supply of the week hit the market.

Top quality municipal bonds were weaker at mid-session, according to traders, as the last big supply of the week started to hit the market on Thursday.

Municipal bond traders are set for the last big supply of the week to hit the market on Thursday.

Top-rated municipal bonds finished flat on Wednesday as the city of Chicago retuned to the market with a new water deal.

Municipal bonds were mixed at mid-session as traders awaited the return of the Windy City to the new issue sector.

Municipal bond traders will see the return of the Windy City to the new issue sector as they offer a water deal one day after coming to market with a wastewater deal.

The city of Chicago’s wastewater deal received a warm reception in a strengthening municipal market on Tuesday. as the first of the week’s supply was priced.

Municipal bonds were stronger at midday as the first of the week’s new issue supply hit the screens.

Municipal bond traders are set to see then first of the week’s new issue supply hit the screens on Tuesday.

Municipal bonds ended unchanged on Monday, according to traders, who were looking ahead to the week’s new issue slate.

Municipal bonds were steady at mid-session, according to traders, who will be looking ahead to the week’s hefty new issue slate.

Municipal bond traders on Monday will be looking ahead to the week’s hefty new issue slate as bond yields look likely to continue their downward descent.

While some firms in the municipal bond industry are merging, contracting or just plain closing, Tribal Capital Markets is doing exactly the opposite – it’s expanding into new spaces and hiring talented muni professionals with the backing of the Morongo Band of Mission Indians.

Illinois spreads widened as investor confidence waned that the state can resolve its budget deadlock.

The municipal market figures to get back to a more normal issuance level this week, giving participants an array of choices.

Municipal bonds remained stronger at mid-session along with U.S. Treasuries after the release of a mixed employment report for May.

Municipal bonds turned stronger with U.S. Treasuries on a mixed employment report for May.