Markets

The Indiana Finance Authority approved its takeover of a struggling highway public-private partnership.

Municipal bond traders are preparing for next week’s almost non-existent new issue calendar as they get ready for the upcoming Fourth of July holiday.

The University of Michigan's final June consumer sentiment index reading was 95.1, compared to the preliminary June 94.5, and the final May 97.1, according to market sources.

Illinois is staring at a historic fall into junk territory if lawmakers can't compromise.

The Chicago Business Barometer rose to 65.7 in June from 59.4 in May.

The seasonally adjusted Milwaukee Report on Business remained in a range in June.

Personal income rose 0.4% in May, while nominal PCE was up 0.1%, and the core PCE price index posted another modest 0.1%, data released by the Commerce Department Friday morning showed.oans.

The Midwest Economy Index declined to 0.51 in May from 0.72 in April, the Federal Reserve Bank of Chicago said Friday.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices rose one basis point to 4.05% from the previous week's 4.04%.

Bonds were hit Thursday by a combination of global central bank comments, strong Eurozone economic data, and rising expectations of another interest rate hike by the Federal Reserve this year.