Markets

Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.

The public finance banking team is led by veteran banker Jack Holland.

Bob Spangler and Jim Tricolli will assume responsibilities as RBC's co-heads of municipal finance as Hamel steps away from the top-five underwriter.

The federal government ran a $23.2 billion deficit in December, the Treasury Department reported Thursday.

Municipal bond buyers saw some taxable supply hit the screens on Thursday as the recent yield rise slowed and traders' attention shifted to next week’s holiday-shortened week.

S&P Global Ratings said it lowered its long-term rating on Missouri Western State University's (MWSU) series 2008, 2010B, and 2012 to BBB-plus from A-minus.

Dawn Mangerson, senior portfolio manager at McDonnell Investment Management talks about the ramifications of the new tax legislation and articulates her concerns for municipals in 2018. Aaron Weitzman and Chip Barnett co-host.

Municipal bond buyers are seeing the last of this week’s big deals hit the screens on Thursday as their eyes turn to next week’s new issue slate.

Initial jobless claims rose by 11,000 to 261,000 in the Jan. 6 week, well ahead of the 245,000 level expected and above the recent trend.

Final demand PPI fell by 0.1% in December, well below the 0.2% gain expected, with an equally disappointing 0.1% decline outside of food and energy prices.