Markets

Hudson Yards Infrastructure Corp. requires an additional $96 million, according to the New York City Independent Budget Office.

Los Angeles will price the first bonds from a measure voters approved to house homeless people.

Top-quality municipal bonds were weaker at mid-session as the last of the week’s larger sales came to market in the primary sector.

Builders’ confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index fell to 67 in June from a downwardly revised 69 in May.

Municipal bond traders will be waiting to see some supply hit the screens on Thursday, a day after the primary market was sidelined by the Federal Reserve’s monetary policy meeting.

Industrial production was flat in May, the Federal Reserve reported Thursday.

Moody's Investors Service said it upgraded Indiana University Health's (IU Health) ratings to Aa2 from Aa3, affecting approximately $1 billion in debt.

U.S. import prices fell by 0.3% in May on a 3.7% plunge in fuel prices and flat reading for the non-fuel components. Import prices were also flat excluding just petroleum.

Initial claims for U.S. state unemployment benefits fell by 8,000 to 237,000 in the June 10 week, below the 242,000 level analysts expected following an unrevised 245,000 level in the previous week, data released by the Labor Department Thursday showed.

The region's manufacturing sector expanded in June, but at a slower pace than in May, as the general business conditions index decreased to 27.6 from 38.8 in May, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.