A wave of municipal-bond sales scheduled for this week will test a recent rebound in buyer demand after investors sold their holdings during April’s market rout.
Roughly $14 billion of muni debt is scheduled to come to market over the next five days, according to data compiled by Bloomberg. That is running about 70% higher than the average weekly volume over the last five years.
The influx of expected supply continues a pickup ever since the market began to settle down after April’s tariff-fueled swings. Investors waded back into muni products with state and local government bond funds seeing $1.1 billion of inflows in the week ended May 7, snapping three consecutive weeks of withdrawals, according to data from LSEG Lipper Global Fund Flows. The largest municipal-bond exchange-traded fund, MUB, collected $260 million of cash last week — the most since November.
Bloomberg Markets
By Erin Hudson and Arvelisse Bonilla Ramos
May 12, 2025