Markets

The municipal market and its participants are prepped and ready for what should be the busiest day of the week, as the two largest negotiated deals hit the market.

March wholesale inventories rose by 0.3% in March, revised down from the 0.5% rise reported in the advance estimate.

April was a pretty good month for the municipal bond market following the 30% drop in first quarter issuance, said a market expert.

Final demand PPI rose by 0.1% in April, slower than the 0.2% gain expected, with an as-expected 0.2% gain outside of food and energy prices.

Gov. Nathan Deal signed the bills over the objection of Stockbridge bondholders.

The market for munis is benefiting from June reinvestment money and pent-up demand after a slow first quarter.

Oyster Bay, New York, is testing the bond market with its first large deal after it was hit with a federal securities fraud lawsuit.

Municipal market participants will get the first supply wave, including the second largest negotiated deal and the biggest competitive deal of the week.

Small business optimism gained in April on improved profits, the National Federation of Independent Business said Tuesday.

California passed the United Kingdom in 2017 to become the fifth-largest economy in the world, according to federal data.