Markets

The Treasury Department auctioned $28 billion of seven-year notes, with a 2% coupon and a 2.060% high yield, a price of 99.610738.

Gary Hall, senior managing director and head of investment banking at Siebert Cisneros Shank, talks infrastructure financing and funding in this climate of uncertainty, the performance and competitiveness of small firms in the market, the re-entrance of UBS as a market player, and what makes the municipal bond market attractive as a career choice for young people. Hosted by Chip Barnett.

Municipal bonds were trading narrowly mixed at mid-session as traders began winding up business for the week. There are no major bond sales set to price in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Municipal bond traders are putting the finishing touches on the week as no major bond sales are set to price in the primary on Thursday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Initial claims for U.S. state unemployment benefits rose by 1,000 to 234,000 in the May 20 week, below the 235,000 level analysts expected, but still near the decades-low levels seen in recent weeks, data released by the Labor Department Thursday showed.

Municipal bonds finished flat on Wednesday as traders saw the last of this week’s big deals hit the screens.

S&P Global Ratings raised its long-term rating and underlying rating to 'AA+' from 'AA' on Cleveland's limited-tax general obligation (GO) bonds.

Atlantic City hit the bond market for the first time since a late 2016 state takeover Wednesday.

Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance sheet.

The Treasury Department auctioned $34 billion of five-year notes, with a 1 3/4% coupon, a 1.831% high yield, a price of 99.614668.