Markets

Initial jobless claims fell to the lowest level since January 1973.

In the week ended March 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.00% from 4.01% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The municipal market was winding up the week on a tentative note as Connecticut offered its general obligations to institutional investors.

Chicago expects to begin tapping $4 billion of bond authority for O'Hare by early 2019.

Kroll, making its first official foray into the sovereign bond sector, gave the United States of America its top grade.

Bond Dealers of America urges the House Ways and Means Committee to take up and pass a bill that would restore advance refunding bonds according to prior law.

The bonds sold for the air cargo handling facility were rated BBB.

Municipal bond buyers were getting a piece of Connecticut's general obligation bond deal on Wednesday.

Pending home sales gained 3.1% to an index reading of 107.5 in February, from a downwardly revised 5.0% decline to 104.3 in January.

The price measures were generally unrevised, so the market reaction to the upward revision to fourth quarter growth is likely to be muted.