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The municipal bond market will see a light new issue calendar next week as the Federal Reserve meeting on monetary policy puts a damper on new debt issuance.

The University of Michigan's final April consumer sentiment index reading was 98.8.

U.S. employment costs increased more than forecast in the first quarter as worker pay and benefits accelerated, according to Labor Department data released Friday.

U.S. economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business investment cushioned some of the weakness.

In the week ended April 26, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index jumped up to 4.05% from 3.99% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The school district is relying on referendum in November to support a funding plan.

New York's mayor said hits from Albany and threats from Washington affected the city's latest spending plan.

Amid teacher protests, Colorado lawmakers have two weeks to clear a backlog of bills that include a $5 billion transportation bond authorization and a pension funding measure.

The $425 million measure is likely to go before San Francisco voters in November.

Municipal bonds steadied after sliding the previous day, as the last of the week’s new issuance came to market.