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Hungry for new issues, traders have piled into Tuesday morning's primary, causing aggressive pricing and repricings.
By Kate SmithSeptember 16 -
The week's anticipated heaviest day in the primary hits on Tuesday, with five of the top 10 deals tapping the market. Traders expect activity in the secondary to follow, and scales to be impacted by the flurry of new money.
By Kate SmithSeptember 16 -
Light secondary activity on Monday followed the primarys small calendar, with the New York City Municipal Water Department picking up bids ahead of a new bond issuance slated for institutional buyers on Tuesday.
By Kate SmithSeptember 15 -
Monday morning's activity in the primary and secondary was slow as traders were hopeful for a heavy calendar week.
By Kate SmithSeptember 15 -
A popular front end of the curve coupled with the placement of a century bond indicate that the market has not quite made up its mind as to what the fourth quarter may hold for the municipal market.
By Kate SmithSeptember 12 -
Barclays priced a rare century bond on Thursday for the Cleveland Clinic, demonstrating the market's faith in the health system's ability to mitigate risk usually associated with a 100-year maturity.
By Kate SmithSeptember 12 -
The secondary market saw early morning activity on Friday, picking up trades on a Colorado school district bond and the New York City Transitional Finance Authority. Meanwhile, Treasuries weakened in the intermediate to long end of the curve.
By Kate SmithSeptember 12 -
This week's short-term California RAN deal picked up heavy secondary market activity during Thursday' morning trading session, demonstrating the market's continued fear of rising interest rates.
By Kate SmithSeptember 11 -
The primary calendar volume will retreat on Thursday with no deals scheduled for more than $50 million in either the long-term competitive or negotiated markets.
By Kate SmithSeptember 11 -
The New York City Municipal Water Department deal gives the market yield, thanks to its frequency in the primary market. Meanwhile, yields rise in the secondary market, echoing softening in the Treasury markets.
By Kate SmithSeptember 10