Munis improve following UST; NYC waters price
The Russian invasion of Ukraine could slow interest rate hikes and has led the market to pull back on the chances of a 50-basis-point liftoff.
Source: bondbuyer.com
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Munis, UST mixed while equities sell off on Ukraine concerns
Between the long holiday weekend and investors trying to absorb the Russia-Ukraine developments, it was a slow start to the week in the municipal market.
Source: bondbuyer.com
Weaker still, but slight outperformance to another swing in UST
Inflation remains under market scrutiny, with Monday’s data suggesting consumers expect price pressures to cool later this year.
Source: bondbuyer.com
Munis see little movement ahead of lighter new-issue week
Washington will bring $742 million of general obligation bonds in competitive sales Tuesday, providing guidance for triple-A benchmark yields.
Source: bondbuyer.com
Municipals end January in the red, but take a breath
Market volatility has led to munis seeing the worst performance to start the year since 2018 and the biggest monthly losses since March 2020.
Source: bondbuyer.com