Ahead of New Supply, Munis End Steady
Top-quality municipal bonds ended steady to stronger on Monday, according to traders, as the market prepared to take on a new issue calendar of about $7.2 billion that will start to hit the screens on Tuesday.  more »
The Treasury Department Monday auctioned $26 billion of two-year notes with a 3/4% coupon at a 0.750% yield, a price of par. more »
Top-quality municipal bonds were unchanged at mid-session, according to traders, as the market prepared to take on a new issue calendar of about $7.2 billion that will hit the screens starting on Tuesday. more »
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.250% high rate, down from 0.305% the prior week, and the six-months incurred a 0.420% high rate, off from 0.500% the week before. more »
The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday. more »
Texas factory activity, as measured by the production index, "activity increased markedly in September," according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday. more »
The pace of new single-family home sales fell back to a still-strong 609,000 seasonally adjusted annual rate in August, giving back only part of a July surge, data released by the Commerce Department Monday showed. more »
Municipal bond traders are returning to work after the weekend and getting ready to take on a manageable new issue calendar of about $7.2 billion. more »
A Federal panel formed to resolve Puerto Rico’s $70 billion debt crisis plans to meet for the first time on Sept. 30 to select a chairperson and begin its work. more »
Some of the rising stars of the municipal bond market want to correct some misperceptions about their generation. more »
Top-shelf municipal bonds ended stronger on Friday as the market was primed for a manageable new issue calendar for the upcoming week. more »
MarketAxess Holdings Inc. said it expanded its execution choices for its municipal bond platform to include Muni Offerings. more »
Illinois named 15 firms to the new senior manager underwriting pool it will use for negotiated bond sales over the next three years. more »
Federal Reserve Bank of Minneapolis President Neel Kashkari on Friday fielded questions in a live exchange with followers on Twitter, mixing monetary policy and macro-economics with NFL smack-talk. more »

The Texas Water Development Board chairman Bech Bruun sits down with markets reporter Aaron Weitzman to discuss a gambit of topics, including droughts in Texas and how those disastrous times have turned into learning experiences. They also discuss the history of the TWDB and its various programs as well as what it's like not only being an issuer in today's low interest rate environment but also what it's like being an issuer from Texas.

The orders provide some insight into what the Securities and Exchange Commission considers to be a material false or misleading statement in an offering document.

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