Markets

August and September economic activity has probably been better than that of July, analysts said, however some expect economic activity will resume its decline in October and the following months.

Diverse issuers from NYC to Texas to Chicago to Michigan to PA Turnpikes priced billions into the primary while the secondary again took a back seat.

The Florida Cabinet approved new money and refunding bonds, some of which may be sold as taxable debt with advance tax-exempt refundings no longer possible.

The housing market continues to lead all sectors in recovery, althoough a manufacturing and two services surveys also showed signs of recovery.

Talent, Oregon, was in the path of destruction created by the Almeda Fire in a 13-mile corridor between Ashland and Medford.

The system took two rating hits over its rising debt levels and strained balance sheet metrics as it readies a $354 million borrowing.

S&P issued a bulletin Monday warning that pressure is mounting on Illinois' BBB-minus rating —the lowest investment grade — as federal relief remains stalled.

Rates remain stagnant even as UST rallied Monday. Large deals from NYC and Texas issuers are on deck for Tuesday.

Facing a revenue disruption over next two years, the Harris County-Houston Sports Authority will ease cash flow pressure with a $100 million refunding.

Feeling the revenue hit from the coronavirus, the commission has received state approval for a second delay in $112.5 million quarterly transit payments.