Markets

The Chicago Fed National Activity Index for May decreased to negative 0.15 from an upwardly revised positive 0.42 in April.

Muni analysts doubt that either major-party candidate for governor has the solutions to Illinois' many fiscal problems.

Municipal buyers expect the city of Los Angeles to hit the market running as it plans to competitively sell almost $1.9 billion of notes and bonds.

The condition of Florida’s economy and finances led Moody's to upgrade the state to Aaa.

Municipal buyers will see a $5.3 billion new issue calendar next week, with the biggest deals coming out of Los Angeles.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.99% from 4.00% the week before.

Cash flow pressures drove a downgrade of Stockton University as the New Jersey public college prepares to open an Atlantic City campus.

Municipal bonds held onto gains as buyers saw two big deals come to market on Thursday.

Municipal bond buyers were seeing the last of the week’s big sales come to market as munis were stronger in quiet secondary activity on Thursday.

The composite of the Leading Economic Index was up 0.2% in May following an unrevised 0.4% increase in April, the Conference Board said Thursday.