Markets

With the first half of the year officially in the books, we take a look at long-term municipal bond issuance.

Construction spending was flat in May, data released by the Commerce Department Monday morning showed.

The overall economy grew for the ninety-seventh straight time, the Institute for Supply Management reported Monday.

Baker, lawmakers must hash out FY18 plan

Issuance is forecast to screech almost to a halt during the July 4th holiday shortened week.

The Illinois House speaker, citing progress, asked rating agencies to hold off on negative action.

Muni analysts pointed to June's uptick in volume as a sign that issuance may start to rebound.

A skeletal $32 billion fiscal 2018 Pennsylvania budget was scheduled to make its way through the Senate.

Top shelf municipal bonds were unchanged at mid-session as traders prepared for next week’s almost non-existent new issue calendar. Ipreo estimates volume at $130.4 million, down from a revised total of $6.02 billion sold this week, according to updated data from Thomson Reuters.

Barring a dramatic turn of events, Connecticut will miss its midnight budget deadline.