Markets

Municipals were steady to weaker, with yields up by as much as three basis points on the long end Thursday.

The structure in which bonds are backed by a lease of city streets is being used in the Southern California cities of Torrance and West Covina.

Jobless claims grew, manufacturing expansion weakened and leading indicators grew less than last month.

Anu Rames of BNP Paribas Asset Management talks with Chip Barnett about “digital inequality" and the financing mechanisms available to investors to help close this "have and have not" gap in a post-pandemic world. (14 minutes)

The muni market steadied Wednesday as a strong dose of supply hit the screens.

State economists project Florida will lose $5.4 billion of general revenues over the next two years, partly from reduced sales and lack of tourism.

The mass transit agency, its finances reeling from the coronavirus, rejected bids from 10 different banks and sold $451 million of notes to the Municipal Liquidity Facility.

Municipals were slightly weaker on Tuesday as investors take stock of inventories and exceedingly low yields for a market that might be ripe for a correction.

New residential construction figures surpassed generous expectations, with low mortgage rates fueling the gains, which could be a boon for economic growth.

A judge ruled Monday that the facts of the case supported a finding the defendants broke the law.