Munis little changed ahead of $6.6B new-issue calendar – Bond Buyer

Municipal bonds remained relatively stable in anticipation of a $6.6 billion new-issue calendar. The market showed little change in the face of upcoming bond offerings. This stability indicates that investors are cautiously waiting to see how the new bond issues will impact the market. The $6.6 billion in new bonds set to be issued will likely provide more clarity on the direction of municipal bond yields. Investors are closely monitoring these developments to make informed decisions about their investment strategies.