Markets

U.S. inflationary pressures were unchanged in April, according to data released Friday morning by the Economic Cycle Research Institute.

Payrolls rebounded in April a little better than expected but the standout number was the 4.4% unemployment rate, the lowest since May 2001.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose three basis points to 4.22% from the previous week's 4.19%.

The primary market wound down as the last large deals of the week priced, led by well-known issuers from California and Massachusetts.

Gov. Jim Justice called West Virginia lawmakers into special session to “fix the budget crisis.”

Hawaii received a Fitch Ratings outlook boost to positive ahead of an $856 million bond sale.

The primary market is winding down on Thursday, with municipal bond traders seeing the last large deals of the week price, led by well-known issuers from California and Massachusetts.

Rick Kolman has joined Academy Securities as a managing director.

The value of new factory orders rose by 0.2% in March, slower than the 0.4% gain expected, data released by the Commerce Department Thursday morning showed.

The primary market is winding down on Thursday, with municipal bond traders waiting to see the University of California and the Massachusetts Water Resources Authority deals hit the screens.