Markets

Filings for U.S. unemployment benefits declined to a fresh 48-year low for the second straight week.

A gauge of underlying U.S. inflation unexpectedly cooled in August as apparel prices fell.

Rating agencies affirmed double-A-plus ratings ahead of the deal.

The Downriver Utility Wastewater Authority will sell $57 million of debt.

The authority hasn't sold bonds since 2010.

S&P boosted the outlook on New Mexico's AA rating to stable from negative.

Municipal CUSIP requests surged in August, an indication of rising supply in the near-term.

North Carolina officials are trying to figure out how to unwind parts or all of a 2014 public-private partnership that is building managed toll lanes on a Charlotte-area highway.

Municipals remained weaker on Wednesday as the market saw several new issues sell in the primary, led by deals from North and South Carolina.

Labor market “activity increased modestly and momentum remained high in August.”