Markets

The county anticipates pricing for the week of Aug. 6th.

Municipal bond volume will dip to under $5 billion next week, according to estimates released on Friday.

A negotiated transaction may help Maine limit the yield penalty from Gov. Paul LePage's last-minute cancellation of the sale last month.

The University of Michigan's July consumer sentiment index reading was 97.9, compared to the preliminary July 97.1.

Consumer spending propelled U.S. economic growth to a 4.1% pace in the second quarter, the fastest since 2014.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 3.99% from 3.97% the week before.

Tax Reform 2.0 would make permanent the lower individual tax rates in last year’s Tax Cuts and Jobs Act that are scheduled to expire in 2025.

Sporadic trading and price firmness drove the municipal market on Thursday.

Price stability was outweighing trading activity and volume on Thursday morning in the municipal market.

The black box gang has always mistaken complexity for sophistication in the realm of financial modeling.