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Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.130% high rate, up from 1.105% the prior week, and the six-months incurred a 1.260% high rate, up from 1.245% the week before.

The Treasury Department said Monday it will sell $50 billion of four-week discount bills Tuesday.

Texas factory activity, as measured by the production index, “expanded at a faster pace in October,” according to the monthly Texas Manufacturing Outlook Survey.

Municipals were little changed in early activity as the market gets ready to see almost $7 billion of new paper come its way this week, led by issuers from Virginia and Maryland.

Personal income rose 0.4% in September as expected, while the core PCE price index was on target with another 0.1% gain.

Puerto Rico plans to cancel a $300 million contract to rebuild the hurricane-ravaged electrical grid that went to a tiny company based in Interior Secretary Ryan Zinke’s Montana hometown, the head of the island’s power utility said.

Rep. Mike Kelly, R-Pa., plans to propose PABs for public buildings as part of tax reform

Chicago Public Schools got a boost to BB-minus as the district readies a new money and refunding deal.

The Federal Emergency Management Agency said it has "significant concerns with how PREPA procured this contract and has not confirmed whether the contract prices are reasonable.”

Municipal bonds ended unchanged on Friday as the market geared up for a more manageable new issue calendar, led by Montgomery Co., Md., and the Virginia Small Business Financing Authority.