The municipal bond market rallied Tuesday as new issuance found willing investors and tax-exempts outperformed Treasuries.

Sparse supply in the wake of the Independence Day holiday last week gave the market the opportunity to digest the new deals that preceded it. That, combined with June and July coupon payments, laid a foundation for investor demand to build for this week’s offerings.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access