Markets

MetroHealth met with investors ahead of its big, low-investment-grade healthcare deal.

The Bay Area Rapid Transit District is set to issue its first green bonds.

Last week’s filing of Title III by the Oversight Board, which sets the stage for a court-supervised reorganization of Puerto Rico’s debt, was just the start of a critical series of decisions for investors in the commonwealth’s bonds. There may be developments on several Puerto Rico fronts this week.

Municipal bonds were mixed ahead of this week’s $9.36 billion new issue calendar. This week’s slate is composed of $7.82 billion of negotiated deals and $1.54 billion of competitive sales.

Income expectations rose, but consumers expect to spend less, according to the Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

The Conference Board's Employment Trends Index (ETI) grew to 132.64 in April from 131.58 in March, and is up 4.1% from a year ago, the group announced Monday.

Municipal bond traders will be looking forward to this week’s healthy new issue slate, topped by a variety of deals from around the country.

Vote means Vernon, Calif., general fund transfers from utility will continue, a credit negative.

S&P Global Ratings revised its outlook on the District of Columbia's (DC) general obligation (GO) bonds to positive from stable and affirmed its 'AA' rating on the bonds. At the same time, S&P Global Ratings assigned its 'AA' rating and positive outlook to the district's series 2017A GO refunding bonds.

S&P dropped $244 million of bonds issued for an Indiana P3 further into junk territory.