Markets

The Chicago Fed National Activity Index was unchanged at +0.18 in August.

Moody's Investors Service dropped the Long Island county to Baa1 from A3.

Municipal bond issuance is set to drop by half next week as Federal Open Market Committee meets and the third quarter comes to an end.

The district will bring $75 million of new money and refunding bonds to market.

Thirty states told the Council of Development Finance Agencies they issued mortgage revenue bonds in 2017 compared to only 18 that issued mortgage credit certificates.

Worries about the Fed's monetary policy meeting combined with the looming end of the quarter to keep muni issuance low.

FINRA examiners alleged Mesirow violated disclosure and supervisory rules.

Lombard sold $3.9 million of unrated GOs in its first market test after reneging on a pledge to support bonds sold to fund a hotel.

S&P Global Ratings revised its outlook on Nevada's AA rating to positive from stable.

Alton still needs a long-term public safety pension funding solution, S&P Global Ratings said as it downgraded the city.