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The choice appears to reaffirm U.S. regulators' commitment to the international standards-setting body.

The Chicago Fed National Activity Index for October rose to 0.24 from a downwardly revised 0.14 in September.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index fell to 4.23% from 4.28% last week.

After a week that offered under $1 billion of deals, the market will look ahead to almost $6 billion of supply.

Chicago Public Schools is selling more than $1 billion of GOs, capital improvement tax bonds, and notes.

After last week's revelations about alleged wrongdoing by CMEEC officers, the issuer has appointed a special committee to oversee its own investigation.

Tom Wolf's full plate includes a projected $1.7 billion deficit, with the state having already used one-time revenue measures such as tobacco and gambling.

Fires haven't sparked a secondary-market sell-off, as investors "are either unconcerned or don't fully understand" the extent of the damage.

Even as stocks turned higher on Wednesday, municipal bonds remained stronger before the Thanksgiving holiday.

Moody's Investors Service now assigns a positive outlook to its A1 rating for the private Pennsylvania university.