Markets

Matt Boardman, head of fixed income for RBC Wealth Management, talks with Chip Barnett, about how the municipal bond market has changed over the past few months in light of the coronavirus pandemic. He talks about how the economic effects due to COVID-19 caused a "sudden and violent" dislocation in munis for over two months and how we’ve now returned to being a more rational and reasonable market and remains vibrant and strong.

The day's big new-issue slate was led by the pricing of the New York State Urban Development Corp.'s $1.3 billion deal.

Federal Reserve Chair Jerome Powell told Congress the Fed will "keep its foot" on the gas pedal until the pandemic ends.

Its $400 million GOs attracted investors, resulting in a record low interest cost of 2.31%, according to state Treasurer Shawn Wooden.

Municipals finished weaker on Tuesday amid Treasury weakness and equity strength.

The former Loop Capital executive has nearly two decades of experience in underwriting and institutional sales.

Fed chair says recovery has started but will take time and follow "uncertain" path.

The $779 million refunding will capture present value savings while pushing off some debt repayments for budget relief that Fitch called "reasonable."

Raymond James' Western region head Robert Larkins was part of a couple caught on video challenging a man for chalking the slogan in front of his own home.

With almost half of June being done and dusted, yield movement is nearly unchanged from May’s closing levels, sources said.