Markets

The state priced a pair of GO offerings, one sold through negotiation and the other competitively.

The Scott County School District obtained an underlying rating instead of relying on the state’s recently downgraded enhancement program.

Top-rated municipal bonds were unchanged at mid-session, according to traders, as primary action dwindled. Traders were eyeing yields, which have been trending lower.

The short-term fiscal impact of Hurricane Harvey on public entities in Texas and Louisiana will be mitigated by their financial flexibility and support from federal and state governments and private insurance policies, Fitch Ratings said.

About 4,479,800 online job postings appeared on leading internet job boards in August, a decrease of 125,900 from July, the Conference Board reported Wednesday.

The municipal bond market will remain quiet on Wednesday as primary action dwindles to a last few deals for the week. Traders will be eyeing yields, which have been slowly trending lower over the past month.

Second quarter GDP growth was revised up to a 3.0% annual rate from the 2.6% pace in the advance estimate, data released Wednesday by the Bureau of Economic Analysis showed.

Private-sector employment increased by 237,000 in August, on a seasonally adjusted basis, ADP estimated Wednesday.

The exit from insurance will halt losses the health provider's losses, said Moody's Investors Service.

The lion’s share of this week’s issuance hit the screens, led by California’s general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond offering.