Markets

The U.S. current account deficit widened to $124.1 billion in the first quarter from a revised $116.1 billion gap in the previous quarter.

Municipal bonds were ending stronger on Tuesday as several large, high-grade deals led by Georgia and Denver swept into the market.

The number of muni market dealers has fallen off even as trading activity remained stable, an MSRB report finds.

The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.

Municipal bonds were stronger on Tuesday as several large deals swept into the market.

The pace of housing starts rose 5.0% to a 1.350 million seasonally adjusted annual rate in May as building permits fell 4.6%.

Municipal bonds held firm on Monday ahead of the week’s two biggest deals on opposite ends of the credit spectrum.

Georgia used an internet presentation and an investor platform to highlight its credit strengths before its annual general obligation bond sale.

Two years after New Mexico lost its triple-A rating, New Mexico has taken its second downgrade from Moody's Investors Service based on rising pension and Medicaid obligations.

Municipals were mostly stronger at mid-session, as the market waits for the start of the week’s moderately sized new issue calendar.