Markets

Few deals priced, as trading was subdued before the Federal Open Market Committee’s interest rate decision.

Moody's credited a disciplined approach toward budgeting sales tax revenue for the upgrade to Aa1.

If the bonds are approved in March, the junk-rated city plans to issue $250 million of new money, unlimited tax general obligation bonds in 2020.

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

A rate cut alone probably won't avert a recession. A rate cut combined with a ceasefire in the trade war might, according to one market strategist.

Moody's Investors Service said the uptick in prepaid gas volume reflects a wider spread between tax-exempt and taxable yields.

Middle East unrest, oil price volatility and a Fed policy meeting all combine to weigh on this week’s $10B new-issue calendar.

BondWave LLC launched its Benchmark Data and Trading Indices on Monday.

Moody's shifted its rating outlook to negative from stable on the Chicago Catholic Archdiocese.

Municipal yields and issuance plans both rose, showing market participants aren't uncertain about the meeting, with a quarter point cut in interest rates baked in.