Markets

Moody’s lowered Niagara Falls’ general obligation debt to Baa3 from Baa2.

The utility in Gainesville will use bond proceeds to buy a privately owned plant to exit an above-market power purchase agreement.

The municipal bond market will see large deals from the Northeast on Wednesday as issuers in New York and Massachusetts are set to offer bonds.

The pace of housing starts fell by 4.7% to a 1.127 million seasonally adjusted annual rate in September.

Illinois' break in budget gridlock and tax hikes help market digest bonds.

Top-shelf municipal bond yields dropped as many as five basis points, as about half of the week’s issuance is flowed into the primary market.

S&P raised the city's rating on notch to CCC-plus and assigns a stable outlook.

Municipal market participants have their hands full on Tuesday, as roughly half of the week’s issuance is flowing into the primary market.

Moody's Investors Service placed 29 cities and school districts on review for downgrade.

The National Association of Home Builders' housing market index climbed to 68 in October from 64 in September.