Muni bonds getting the sh!t kicked out of them today

CFA General
#1

Any idea?

#2

http://www.bloomberg.com/apps/news?pid=20601087&sid=axLSBYmiI_bo Morgan Stanley Smith Barney said dealers are becoming less willing to take on inventory that may undermine a profitable year. Issuers plan to sell about $8.5 billion of fixed-rate bonds, down from the eight-week high of $11 billion last week, based on data compiled by Bloomberg.

#3

Sounds like a good buying opportunity if it’s technically driven.