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The SEC's Fixed Income Market Structure Advisory Committee has liquidity on the agenda for its first open meeting, scheduled for Jan. 11.

The latest estimate for Linn County's future Public Health and Child and Youth Development Services building has increased by more than 50 percent — from $20 million earlier this year to $31.5 million.

The USDOT's approval of the allocation triggered threats from opponents that legal action will be taken.

The Treasury Department Wednesday auctioned $13 billion of one-year 10-month floating rate notes with a high discount margin of 0.035%, at a 0.048% spread, a price of 100.023603.

Yields have gone further south as minimal action occurs in the primary and the secondary, with most market participants on hiatus until after the New Year.

Texas service sector activity “continued to increase in December,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index held at 24.4.

The consumer confidence index decreased to 122.1 in December from a revised 128.6 last month, The Conference Board reported Wednesday.

Pending home sales rose 0.2% to an index reading of 109.5 in November, from an unrevised 3.5% gain to 109.3 in October.

The market shouldn't expect a lot of rulemaking in 2018, but there will still be plenty of regulatory developments to look out for.

Regulators will focus on helping dealers and municipal advisors comply with recently adopted rules and will also monitor how tax reform legislation impacts muni market practices.