MSRB quarterly market summaries discuss key developments in yields, trading volume, new issuance, and mutual fund flows in the municipal bond market.

MSRB quarterly market summaries discuss key developments in yields, trading volume, new issuance, and mutual fund flows in the municipal bond market.

MSRB research indicates a rise in customer transaction costs for municipal securities since early 2022 likely due to the steep decline in bond prices triggered by rising interest rates and market…

MSRB quarterly market summaries discuss key developments in yields, trading volume, new issuance, and mutual fund flows in the municipal bond market.

MSRB report identifies possible reasons for different patterns in customer trades in the primary and secondary markets for municipal bonds.

MSRB quarterly market summaries discuss key developments in yields, trading volume, new issuance, and mutual fund flows in the municipal bond market.

Read about significant changes in the municipal bond market in the first half of 2022. Details in the MSRB’s latest analysis.

Ownership since 2004 reveals a continuous decline in individual investor direct ownership of municipal securities while ownership through funds has steadily risen. Read the report.

A new commentary by MSRB Chief Economist Simon Wu reviews how the COVID-19 pandemic has affected trading costs for investors buying and selling municipal securities.

Analysis of trading behavior in the year since the implementation of mark-up disclosure.

MSRB Chief Economist’s analysis of reasons for the steady decline in effective spread.

The MSRB Chief Economist's analysis on the relationship between municipal bond ETFs and municipal market liquidity.