The Latest

Top-rated municipal bonds were stronger at mid-session, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $554 million sale.

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.

The Senate Banking Committee voted Thursday to advance the nominations of Randal Quarles to serve as the Federal Reserve’s vice chairman for supervision and Joseph Otting to be Comptroller of the Currency, taking key steps toward President Donald Trump’s goal of reshaping regulation of Wall Street.

The Democratic mayoral candidates debated the city's resilience level as more hurricane activity looms.

The storms force us to consider the value of public assets in everyday life, the prospects for rebuilding with municipal financing, and the effects on credit quality.

The MSRB is now providing market-wide data on the most active securities and issuers.

Municipal bond traders are set to see the week’s largest deal come to market on Thursday — the New Jersey Economic Development Authority’s $595 million offering.

Second quarter nonfarm productivity was revised up to a 1.5% rate of growth from a 0.9% gain previously reported, while unit labor costs were revised down to a 0.2% pace of growth from the 0.6% rise in the preliminary estimate.

Initial claims for U.S. state unemployment benefits surged by 62,000 to 298,000 in the September 2 week, well above the 248,000 level expected and the highest level since the April 18, 2015 week, data released by the Labor Department Thursday showed.

A U.S. district court on Tuesday rejected that bond insurer Ambac Financial was liable for allegedly overly optimistic and misleading statements it had made about its insured Puerto Rico bonds.