The University of Michigan’s preliminary March consumer sentiment index reading fell to 74.3 from the final February 75.3 reading, market sources said.
The expectations index slid to 68.0 from 70.3 in February, while the current conditions index rose to 84.2 from 83.0.
Economists predicted a 76.0 reading for the main index, 84.0 for current conditions and 72.0 for expectations.
"April has been one of the worst-performing months over the past five years, which we believe warrants continued caution," BlackRock strategists said.
The public finance industry has been tracking the growth of the IRS budget with concerns that funding boosts would translate into higher audit rates for bond transactions.
Los Angeles Mayor Karen Bass aimed high in her State of the City speech just days before she will release a budget that needs to close a nearly half-billion-dollar deficit.
"We believe in this," Transportation Secretary Pete Buttigieg said.
The firm said Saporito's hiring is among several other additions made to beef up Wells Fargo's commitment to munis.
While Kansas' sales tax and revenue (STAR) bond program recorded its first default late last year, Bonner Springs is considering using it for a development that includes a Mattel toy-themed amusement park.
