Markets

Texas service sector activity “grew at a faster pace in January,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index climbed to 14.9, from 10.1.

The consumer confidence index decreased to 120.2 in December from a downwardly revised 126.6 last month.

Gerrard Bushell, CEO and president of the Dormitory Authority of the State of New York, discusses the conduit municipal bond issuer's number one rank in volume for 2018 and how the agency stays competitive. Andrew Coen hosts.

Municipals finished little changed on Monday in quiet activity.

Moody's dropped to Caa3 a pool of pension obligation bonds likely to be dragged down by wildfire damage to Paradise, California.

Until a clarification is issued, bond lawyers are requiring that the rental units be open to all who qualify without any preferences for special groups such as veterans.

The firm tapped veteran Phong Pham to head the new office in the western part of the state.

Municipals were stronger in quiet activity on Monday as the market looks ahead to new competitive sales.

New York's Metropolitan Transportation Authority intends to sell roughly $1.25 billion in bonds and notes this week as debate simmers over its funding sources.

Texas factory activity growth, as measured by the production index, “continued to expand in January.”