Markets

Gross domestic product grew at the expected 2.1% annualized pace in the third quarter, as economists wondered how long consumers will stay strong and offset soft business investment.

The House of Representatives' vote to impeach a president for only the third time ever had 'zero' impact on the municipal market, while stocks soared.

Moody’s Investors Service lowered the rating of the private collage in upstate New York to Ba3 from Ba1.

The issuance limit on tax-exempt private activity bonds for Industrial Development Bonds would be raised to $30 million from the current $10 million while the limitation for first-time farmers using so-called Aggie Bonds would be raised to $552,500 from $450,000.

Issuers, bond lawyers, and analysts have all raised complaints about the proposed addition to EMMA.

The markets suggest investors won't react to the impeachment of President Trump, while a mixed bag of indicators say the economy will continue growing at a moderate pace.

San Francisco Public Utilities Commission officials say more green bond investors bought into its most recent deal, which carries third-party certification.

The Dormitory Authority of the State of New York priced its $3.39 billion of bonds, most likely the last billion-plus sale of 2019.

Fitch Ratings revised the outlook on its AA-minus rating to negative from stable.

The primary municipal market saw fresh paper greeted by bond-craving investors who are looking to put money to work before a new decade dawns.