Securitization

Municipal bonds finished out the month on a strong note, with yields dropping by as much as two basis points on Friday.

Muni yields fell by as much as three basis points, according to readings on the AAA muni scales. However, some traders and analysts said this market is too tight given COVID-19 threats. Lipper reported $1.8 billion of inflows in the latest week.

Municipals were little changed as all eyes focused on the primary.

Municipals held firm as more new deals swarmed into the marketplace.

The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.

Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.

Municipals finished mostly stronger on Thursday as retail investor confidence remained high for the 11th straight week. Taxable 'social' bonds for nonprofits are making their mark in the municipal space.

Chuck Peck, head of public finance investment banking at Wells Fargo, discusses how COVID-19 has changed the municipal bond market. Aaron Weitzman hosts.

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

King Co., Wash., Port of Houston and San Antonio deals went up for grabs Tuesday.

Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.

The week ahead will see a variety of muni bond issues — from down South to up North, from green bonds to social bonds. Taxables are well represented.

For the 10th week in a row, investors put cash into tax-exempt mutual funds with Refinitiv Lipper reporting a $857 million inflow.

Rick Kolman and Al Kirton of Academy Securities talk about the state of the public power sector today – the challenges and opportunities that exist for investors.

New York issuers jump in for retail and Texas Transportation also makes an appearance as attractive low yields lure more issuers in. However, some participants say caution is warranted as the coronavirus spread widens in the South and West.

Long-term munis strengthened as investors bank on recoveries and navigate an uncertain credit landscape.

Illinois paper is trading at tighter spreads than it did amid the original coronavirus surge, though they remain much higher than in February.

Municipals finished little changed ahead of this week's almost $14 billion of new issues.

Supply-hungry buyers look forward to all of the week's new bond issues.

Long-dated municipals end strong as new supply hits the screens while taxable issuance continues its run to near-record levels.