Markets

S&P Global Ratings has placed its AA-plus general obligation (GO) rating, AA appropriation rating, and A-plus moral obligation rating on the state of Alaska's debt on CreditWatch with negative implications.

Unfunded liabilities will still pester Pennsylvania, Moody's says

Municipal bond traders are getting ready to see lots of new deals hit the market on Tuesday, with several large competitive sales coming from issuers in Georgia and Massachusetts.

The U.S. current account deficit widened for the third straight quarter to $116.8 billion in the first quarter from a revised $114.0 billion gap in the previous quarter, the Commerce Department said.

The region's non-manufacturing sector “continued to expand,” at a faster pace, as the general business conditions index increased to 33.6 in June from 25.6 in May, this month's Federal Reserve Bank of Philadelphia Report on Business, released Tuesday, indicates.

Municipal bonds finished unchanged on Monday as a big New York City deal was offered to retail buyers.

Chicago enters the market with $825 million of new money and refunding O'Hare airport revenue bonds.

New York’s MTA plans to come to market next week with a competitive $700 million BAN sale.

Illinois’ credit distress makes some investors wonder about New Jersey, according to Citi analysts who see Garden State opportunity.

Oregonians can expect construction and some $40 million in savings after bond issuances.