Markets

The municipal bond market saw the first of the week’s big offerings hit the screens on Monday, led by Connecticut’s competitive sales and the University of California’s negotiated deal.

The Treasury Department Tuesday auctioned $24 billion of three-year notes with a 1 7/8% coupon at a 1.932% high yield, a price of 99. 834636.

The Treasury Department auctioned $39 billion of 26-week bills at a high yield of 1.460% on Monday.

BondWave LLC, a financial technology firm focused on fixed income solutions, is bring on Pete Newman as vice president of sales.

The Treasury Department said Monday it will sell $45 billion of four-week discount bills on Tuesday.

Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.

U.S. job openings unexpectedly cooled in October from a record a month earlier, consistent with a steady job market, Labor Department data showed Monday.

The municipal bond market will see a second week of hefty supply, with almost $22 billion of new deals lining up for sale.

Municipal issuers continue to race to market with deals before the calendar turns over, as the tax bill may limit issuance in 2018.

The municipal bond market will see a second week of chunky new issuance, with almost $20 billion of new deals lining up for sale.