Secondary bond market

Municipal bond traders are returning to work on Tuesday and will be looking at a holiday-lite new issue slate while eyeing declining bond yields. Markets were closed early on Friday and were closed all day Monday for the Memorial Day holiday.

Municipal supply is set to drop to less than $5 billion after the long weekend as the market struggles with a lack of supply.

Municipal bonds were stronger on Friday as the market looks ahead to next week’s holiday-lite new issue slate. Secondary trading will end early ahead of the long holiday weekend.

Municipal bonds finished narrowly mixed on Thursday as traders began winding up business for the week. There were no major bond sales pricing in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Municipal bonds were trading narrowly mixed at mid-session as traders began winding up business for the week. There are no major bond sales set to price in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Municipal bond traders are putting the finishing touches on the week as no major bond sales are set to price in the primary on Thursday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Municipal bonds finished flat on Wednesday as traders saw the last of this week’s big deals hit the screens.

Municipal bonds were unchanged at mid-session as traders on Wednesday as traders look to see several deals of size coming from the Golden State hit the screens, topped by a California green bond sale.

Municipal bond traders on Wednesday will be looking at the direction of yields, which has been trending lower in the past few sessions. The market will see several deals of size coming from the Golden State hit the screens, topped by a California green bond sale.

Municipal bonds finished stronger on Tuesday as the Hudson Yards deal hit the market along with a host of other large sales.

Municipal bonds were trading stronger at midday as the Hudson Yards deal hit the municipal bond market on Tuesday along with a host of other sales.

The Hudson Yards deal is set to hit the municipal bond market on Tuesday as the week’s primary market heats up.

Municipal bonds finished stronger on Monday as the Hudson Yards deal was offered to retail buyers for a second day.

Municipal bonds were trading stronger at mid-session as the Hudson Yards deal was being offered to retail buyers for a second day. The market is waiting for this week’s $7.02 billion new issue calendar to get underway in earnest on Tuesday.

More retail orders will be taken on Monday for the big Hudson Yards deal while municipal bond traders will be watching yields. The market will waiting on the new issue calendar, which is estimated at $7.02 billion.

Municipal volume will remain near recent levels the week before the Memorial Day holiday, supported by rising investor demand and a continuing bond rally, market participants said.

Hudson Yards Infrastructure Corp., the developer of a 45 block area on Manhattan's west side, won a two-notch upgrade from S&P Global Ratings.

Goldman Sachs opened the first of a two-day retail order period for the Hudson Yards Infrastructure Corp., N.Y.’s $2.15 billion tax-exempt deal as municipal bonds were unchanged ahead of next week's $7.02 billion calendar.

The municipal bond market on Friday will be looking ahead to next week’s new issue calendar as participants eye falling bond yields. The largest deal of the upcoming week is from the Hudson Yards Infrastructure Corp. will offer $2.19 billion of second indenture revenue bonds.

Municipal bonds finished stronger on Thursday as the last of this week’s larger new issue deals hit traders' screens.