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Municipal bonds were weaker as yields rose as much as seven basis points. In the primary, the N.Y. MTA postponed its $700 million green bond deal while Goldman priced the Los Angeles Department of Water & Power’s bonds.
June 29
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The U.S. Securities and Exchange Commission may take action against bankers from Barclays Plc and Morgan Stanley for their roles in Puerto Rico bond sales before a worsening fiscal crisis sent it hurtling toward bankruptcy.
June 29
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Municipal bond traders are eyeing yields on the rise as the primary gets set to see the last of the big deals of the week hit the market on Thursday.
June 29 -
Initial claims for U.S. state unemployment benefits rose 2,000 to 244,000 in June 24 week, stronger than the 241,000 level expected.
June 29
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First quarter GDP growth was revised up to a 1.4% pace in the third estimate from the 1.2% gain in the second estimate, with a strong upward revision to PCE the key factor, data released Thursday by the Bureau of Economic Analysis showed.
June 29
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Top-rated municipal bonds finished weaker on Wednesday, sending yields as much as four basis points higher, according to traders, as two large deals from New York issuers priced.
June 28
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The developer of a Florida passenger train service may forgo private activity bonds.
June 28
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Top-rated municipal bonds were weaker at mid-session, according to traders, as two large deals from New York issuers came to market.
June 28 -
Chances of an on-time Connecticut spending plan faded.
June 28
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Illinois House Democrats laid out a $36.5 billion fiscal 2018 spending plan.
June 28
