Markets

The defense team accused the SEC of a "gross abuse of power."

The Massachusetts Housing Finance Agency priced a $79 million refunding sale of Series 2018C taxable housing bonds.

The muni market starting saw a steady stream of issuance of Tuesday, preceding a big wave of deals that are expected on Wednesday.

Texas service sector activity continued to expand in September, according the Federal Reserve Bank of Dallas

The consumer confidence index rose to 137.9 in October from a revised 135.3 in September.

The municipal bond industry has been following the rest of Wall Street down the path to a cold world of statistics driven by algorithms and various formulas to try to perfect an imperfect product.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.8% annual gain in August, down from 6.0% in July.

The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.

Moody's Investors Service cut the outlook for the system, already rated at junk Ba1.

Nineteen deals on the schedule are $100 million or larger, including the $1.3 billion Chicago securitization transaction.