Markets

Small business optimism slipped a bit in September, but the National Federation of Independent Business' small business optimism index reading of 107.9 was the third highest in the survey's 45-year history.

After seeing yields rise in recent days to close out the week, the muni market will see under $5 billion in the upcoming holiday-shortened week.

Consumer credit increased by $20.1 billion in August to $3.935 trillion, the Federal Reserve reported Friday.

The Clark Public Utilities District says improvements are needed for future customer growth.

The District of Columbia Housing Finance Agency priced $74.5 million of tax-exempt bonds.

Municipal bond supply drops off sharply next week with $4.4 billion of volume estimated to hit the screens.

The U.S. international trade gap widened to $53.2 billion in August from $50.0 billion in July.

U.S. hiring cooled in September by more than forecast, wage gains eased slightly and the jobless rate fell to a 48-year low.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 4.15%.

Issuance was light as the municipal bond market got hammered by jumping Treasury yields.