Markets

Taxable municipal bonds have been in the spotlight of late and investors are eating them up.

The University of Texas System will bring $386.8 million of refunding bonds to market this week.

Sometimes you can get what you want as well as what you need as muni buyers get set to see $6.5 billion of new issues.

The Securities Industry and Financial Markets Association said to manually input the data would require more time and staff.

Baltimore's $85 million general obligation bond deal is expected to sail into the municipal bond market without fallout from the resignation of the mayor.

The April employment report topped estimates for jobs created, while the jobless rate fell to a 49-year low; wage increases missed projections.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.82% from 3.87% the week before.

S&P lowered the Miami-Dade County Expressway Authority’s bonds and assigned a negative outlook. State lawmakers proceeded to pass a bill abolishing the authority.

Moody's Investors Service assigned a negative outlook to its Baa3 rating of Georgian Court University.

Bond buyers saw the Massachusetts EFA and Milwaukee as the last new deals closed up shop.