Secondary bond market

Municipal bonds continued to show weakness on Wednesday as big bond offerings from the Port Authority of New York and New Jersey and the Los Angeles Department of Water and Power hit the market.

Big bond offerings from the Port Authority of New York and New Jersey and the Los Angeles Department of Water and Power are on tap for Wednesday as the market keeps watch on rising yields.

A California healthcare issuer came to market with a multi-billion dollar offering Tuesday as municipal bonds weakened in secondary trading.

A California healthcare company came to market with a multi-billion issue on Tuesday as municipal bonds weakened in secondary trading.

Municipal bond traders on Tuesday will be eyeing rising yields as the first of the week’s new supply gets set to hit the market.

Municipal bonds ended weaker on Monday, according to traders, who were awaiting the start of the week’s $8.26 billion new issue slate. The calendar consists of $6.51 billion of negotiated deals and $1.75 billion of competitive sales.

Municipal bonds were trading weaker at mid-session, according to traders, who were awaiting the start of this week’s $8.26 billion new issue slate.

Municipal bond market participants are looking at this week’s $8.26 billion new issue slate, which is dominated by a big California healthcare issuer. This week’s calendar is composed of $6.51 billion of negotiated deals and $1.75 billion of competitive sales.

The municipal market is set to see a bump in new supply next week, something that market participants have been craving.

The Iowa fertilizer project used more than $1 billion of private-activity borrowing.

Municipal bonds were unchanged at mid-session, according to traders, who were looking ahead to next week’s new issue calendar. Ipreo estimates volume at $8.26 billion, up from a revised total of $5.94 billion this week, according to updated data from Thomson Reuters.

Municipal bond market participants are looking ahead to next week’s new issue slate, which is dominated by a big California healthcare issuer – bringing both corporate and tax-exempt debt.

California’s big bond offering came to market on Thursday and was well received by buyers, according to traders. In secondary activity, municipal bonds finished weaker.

California’s big taxable bond offering hit the market on Thursday as municipal bonds weakened in secondary trading.

Municipal bond traders are set to see the biggest deal of the week hit the screens on Thursday – the state of California’s $1 billion-plus taxable bond offering.

Top-quality municipal bonds finished mixed on Wednesday, traders said, as more supply slipped into the market.

Top-quality municipal bonds were mixed at midday, traders said, as more supply slipped into the market. Traders were also watching yields, which have been trending downward.

After a day filled with new deals, the municipal bond market will see another session of supply on Wednesday with big offerings from Pennsylvania and Arizona on tap.

Top-rated municipal bonds finished stronger on Tuesday, as the Dormitory Authority of the State of New York’s $345.9 million of revenue bonds were priced for institutions after a shortened retail order period.

Top-rated municipal bonds were stronger at mid-session, according to traders, as the first of the week’s large deals hit the market.