Markets

Strong data and reassuring words from a Fed official couldn’t stop market virus fears from spreading.

The world remains on edge about the rapidly spreading COVID-19 and those fears once again have Treasury yields digging down even deeper. COVID-19 fears have now impacted fund flows, as municipals suffers outflows for the first time in 60 weeks.

Dan Scholl, head of municipal fixed income at Wilmington Trust, views munis as inefficient and retail oriented. However, he maintains credit has never been better. In managing $5 billion of assets in high-grade SMAs, he finds value in housing, healthcare and IDBs. John Hallacy hosts.

Economists surveyed by IFR Markets expect Friday’s employment report to show a gain of 175,000 jobs in February.

Vallejo, California, benefited from last week's record-low municipal market rates when it finally sold its water revenue bond refunding.

It was a busy day in the primary, as the markets continue to deal with crosscurrents of COVID-19 and election results.

Richard G. Bartow and his son Richard T. Bartow joined the office this week and will focus on K-12 education.

The threat posed by the COVID-19 virus remains a future danger to the economy’s well-being.

Recently elected Mayor Justin Elicker revived an old municipal battle cry with a call for more contributions from Yale University and Yale New Haven Health.

The rating agency expects to resolve the rating watch evolving within the next four months.