Markets

Municipal bonds ended unchanged on Monday ahead of this week $8 billion of new issuance.

Observers expect the Fed to use the gathering, virtual this year, to release the new monetary policy framework it's been working on.

This week's $800 million deal is the first of $3.5 billion to be sold by the end of 2023 allowing Michigan to beef up its road and bridge infrastructure.

Low rates in an economic crisis brought a plethora of Southwest municipal bonds to market, and some see a strong second half coming.

A surge in taxable muni volume has overall issuance 18% higher in the first half of 2020.

The housing and transportation sectors had the biggest declines in municipal bond volume.

The elite university is selling $300 million of taxable debt this week.

Municipals were little changed on Friday after a market moved that took long yields up by as much as 15 basis points since mid-month.

The $1.13 billion competitive deal obtained Georgia's lowest combined interest rate ever, state officials said.

The region's bond issuers sold $55.4 billion of municipal debt during the first half of 2020, a 21.1% increase from the same period in 2019.