Markets

President Trump's purported latest infrastructure plan would remove state volume caps, advance refunding prohibitions and state volume caps from private activity bonds used for infrastructure.

Although tax reform concerns pushed issuers into the market in December, CUSIP requests for the year, were lowest since 2014.

State officials cited the need to package its $800 special tax obligation bond sale separately from their general obligation credit.

Municipal bond traders return to work with yields and the revamped Chicago deal in their sights.

The Chicago Fed National Activity Index for December increased to 0.27 from a downwardly revised 0.11 in November.

The city will see Monday if its retooled sales tax securitization issue is a go with the market.

Muni volume in the last week of January is forecast to match that of the first three weeks combined, satisfying pent-up investor demand.

Sens. John Cornyn, R-Texas, and Mark Warner, D-Va., introduced their bill to expand PABs the same day that the U.S. Chamber of Commerce recommended such an expansion in its four-part infrastructure plan.

Milwaukee is selling $70 million of notes to speed up pension payments.

Municipal bond prices remain under pressure at midday as U.S. Treasury yields hit three-year highs and the market looks to next week's $7.17 billion slate.