Markets

Municipal bond buyers will be seeing almost $5 billion of bonds hit the market on Tuesday, led by big sales from California and Illinois.

Industrial production grew 0.3% in September, the Federal Reserve reported Tuesday.

U.S. import prices rose by 0.7% in September on a 3.9% gain in fuel prices as well as combined gain in the other components, according to data released Tuesday.

The New York region's service sector activity "continued to expand modestly" in October.

Treasurer John Chiang extended his office's sanctions against the firm for a second year.

Municipal bonds finished mixed on Monday as an $850M New York City Transitional Finance Authority deal priced for retail investors.

The primary market is getting something it has been seeking for a while, with $10 billion of new supply on the docket. The New York City Transitional Finance Authority, California and Illinois are set to bring almost half of the week's supply.

Orrick, Herrington & Sutcliffe and Assured Guaranty retained their positions in third-quarter rankings, while Build America Mutual rebounded from a stint on negative credit watch to capture its typical market share.

S&P lowered its outlook to negative, citing constraints from the four-month impasse.

Municipal bonds were unchanged at mid-session as the big New York City Transitional Finance Authority deal was priced for retail investors.