Markets

Top-shelf muni yields are unchanged around lunchtime according to traders, as the market is seeing a multitude of pricings coming in non-stop.

Texas service sector activity “picked up slightly in September.”

The pace of new single-family home sales fell by 3.4% to 560,000 at a seasonally adjusted annual rate in August.

The consumer confidence index decreased to 119.8 in September from a revised 120.4 last month.

Service sector activity “remained generally upbeat in September.”

Manufacturing in the central Atlantic region “largely unchanged in August.”

Municipal bond market participants are ready for the flood of pricings expected on Tuesday, on what should be the busiest day of the biggest volume week the market has seen since June.

Home prices rose 5.9% on an annual basis in July, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index.

The region's non-manufacturing sector “continued to expand,” as the general business conditions index increased to 33.2 in September from 31.8 in August.

CFO Jack Wetzler said analysts’ emails were accidentally overlooked, prompting the negative rating action.