Jessica Lerner

The Nassau County Tobacco Settlement Corp's ability to continue as a going concern depends on restructuring its tobacco debt, the county's audit said.

Server aisles and coolant distribution units at a Google data center in Ohio. Google's parent, Alphabet, was the funding recipient for a prepaid energy deal in California.

While muni primary supply falls this week, it is still robust. Issuance is an estimated $11.541 billion this week, with $8.501 billion of negotiated deals on tap, according to LSEG.

Munis were little changed Monday in the secondary as two large prepaid gas deals priced in the primary market. U.S. Treasuries were slightly cheaper and equities ended up.

Four deals were on the day-to-day calendar, "playing it close to the vest, and all of a sudden, boom, they all get done," said Pat Luby, head of municipal strategy at CreditSights.

Munis were little changed Tuesday in the belly and long-end of the curve, as U.S. Treasury yields fell and equities were mixed toward the close.

Munis were a touch cheaper Wednesday as muni yields inched higher in sympathy with US Treasury yields and equities ended down.

Munis were weaker Thursday as U.S. Treasuries and equities rallied on the news that President Donald Trump canceled further strikes on Iran and announced a deal is near.

Charles Schwab Director of Fixed Income Research and Strategy Cooper Howard believes munis remain attractive, especially for investors in the higher tax brackets.

Munis were little changed Friday as U.S. Treasuries saw small losses and equities ended up. There has been some "capitulation" in munis lately.