Markets

Top-shelf municipal bonds finished Monday mostly unchanged, as municipal market participants geared up for the busiest week since June.

Minnesota hits the market Wednesday with $847 million of debt amid uncertainty over a budget feud.

The rating agency calls on the commonwealth to match recurring revenues with expenses.

The primary muni market is set to break the pattern of low and slow volume and give market participants a variety of options to put their money to work. The timing of the almost $10 billion in weekly volume will help close the third quarter on a high note.

The toll revenue bond deal will put the authority's debt under one indenture.

Top-shelf municipal bonds were mostly steady around lunchtime on Monday, as municipal market participants are gearing up for the busiest week in a while.

Assured Guaranty and Build America Mutual presented city and state officials with an alternative to bankruptcy.

Texas factory activity, as measured by the production index, “continued to increase in September,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Municipal market participants are gearing up for the busiest week in a while, as they prepare to see nearly $10 billion of new issuance.

The Chicago Fed National Activity Index fell to negative 0.31 and the three-month moving average slid to negative 0.04.