Markets

Existing home sales declined 1.7% to a seasonally adjusted 5.35 million-unit rate in August , the National Association of Realtors announced Wednesday.

The municipal bond market will see a quiet day on Wednesday as the Federal Open Market Committee gets set to announce its decision on interest rates at the conclusion of its two-day meeting in the afternoon.

Top-quality municipal bonds ended weaker on Tuesday, according to traders, as more supply came their way with an upsized N.Y. MTA green bond sale headlining the new issue slate.

A tax policy conflict between Minnesota's Democratic governor and Republican lawmakers remains unresolved.

Municipal bonds were mixed at mid-session as the New York Metropolitan Transportation Authority’s green bond sale headlined Tuesday’s new issue slate.

While Mayor Luke Bronin awaits state aid from a fractious government, a bondholder call looms.

Municipal bond traders will see the bulk of the week’s new issue slate hit the screens on Tuesday, with the New York Metropolitan Transportation Authority’s green bond sale leading the way.

The U.S. current account deficit widened considerably to $123.1 billion in the second quarter from a revised $113.5 billion gap in the previous quarter.

U.S. import prices rose 0.6% in August, ahead of the 0.4% gain expected, and were up 0.3% excluding fuel prices and also up 0.3% excluding just petroleum prices.

The pace of housing starts fell by 0.8% to a 1.180 million seasonally adjusted annual rate in August.