Munis sell off as damage is felt across most of the curve
"It's good news/bad news for fixed-income markets," said Nuveen strategists Anders S. Persson and Daniel J. Close.
Source: bondbuyer.com
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Muni yields fall in sympathy with USTs; California prices $2.6B for retail
Outside of economic data, "a light forward calendar is driving strong demand in the secondary market and with new issues, with some deals being significantly oversubscribed," SWBC's Roberto Roffo said.
Source: bondbuyer.com
Munis somewhat firmer in spots, USTs weaker
Munis are directionally trading with USTs but underperforming in days where USTs rally and outperforming in days where USTs sell-off, said Greg Gizzi, head of U.S. fixed income and head of municipal bonds at Macquarie Asset Management.
Source: bondbuyer.com
Munis steady ahead of FOMC meeting
The banking sector crisis caused a flight-to-quality bid in USTs last week.
Source: bondbuyer.com
Munis weaker in spots, face difficult technicals
February municipal bond activity compared to last month is brisk yet more finicky in the face of an ongoing supply shortage, according to Jeff Lipton, head of municipal credit and market strategy and municipal capital markets at Oppenheimer & Co.
Source: bondbuyer.com