Markets

Bond investors had mixed reactions to the city's announcement that it is exploring a pension bond deal.

Led by issuers in New York, Minnesota and Michigan, municipal bond buyers saw more supply head their way on Tuesday.

U.S. job openings edged higher, indicating ongoing strength in demand for workers, Labor Department data showed Tuesday.

The early birds caught New York City general obligation bonds, as RBC priced an $810 million offering to retail buyers to start a busy primary week.

Underwriters and issuers agree that G-17 disclosures have become boilerplate and excessive, but diverge on whether a complete opt-out should be allowed.

The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up.

The five bankers will work in the firm's Chicago, Washington, D.C., and New York offices.

The market is prepping for $7.5 billion of new paper that is set to hit the market, as more than $50 billion in August redemptions free up cash to buy bonds.

This sultry summer week will get even hotter as about $7.5 billion of municipal bonds are on tap to be offered up to buyers. Deals will be coming for a variety of issuers across the country, ranging from high-quality to high-yield.

The Conference Board's Employment Trends Index (ETI) rose to 109.89 in July from a downwardly revised 108.72 in June.