Markets

The Port Authority of New York and New Jersey's $1.3 billion issuance stands out in a busy week with $12.6 billion of issuance planned.

The wait is over. After seven months without seeing one week of double digit issuance, municipal bond investors will finally get a supply surge.

The gains point to an economy that remains strong, analysts say.

Market concerns about Illinois volatility may ease with Fitch's outlook shift to stable from negative.

Municipal and Treasury markets rallied one day after the Fed cut interest rates by 25 basis points and after President Trump declared more tariffs on China — all of which caused the 10-year Treasury to dip below 1.90%.

All eyes — including the president's — are turning to the September monetary policy meeting.

Morgan Stanley Wealth Management's Matthew Gastall, executive director, and Monica Guerra, vice president, share their views on strong muni demand. They discuss taxable equivalent yields and some pickup in credit impairments. John Hallacy hosts.

The rating agency moved its outlook for Illinois to stable from negative, citing budget progress and an April tax windfall.

Post trial briefs are the next step after the two-day trial wrapped up in Preston Hollow Capital's lawsuit accusing Nuveen of a banker boycott.

The municipal market got what it expected, when the FOMC announced its decision to lower rates.