Markets

The Bond Buyer's weekly yield indexes were mixed for the week ending Sept 4.

The holiday shortened week's volume will drop to just over half of last week's issuance, led by a $350 million Texas school offering.

The municipal market should benefit from the Securities and Exchange Commission's prosecution of Kansas for inadequate disclosure of faltering pension obligations, according to Moody's Investors Service.

Inflows for all municipal bond funds held steady as the Labor Day holiday week approached.

The Bond Buyer's weekly yield indexes declined for the week ending Aug. 28.

Unrated Irvine, Calif., dirt bonds were oversubscribed by five to eight times when they priced in early August amid overall yield compression.

The changing demographics of prospective students may present an opening for higher education institutions to attract more students and strengthen their revenue stream, according to analysts.

An expected swell in the volume of current refundings in the fourth quarter will be a welcome arrival even if it doesn't cure the market's prolonged imbalance, analysts say.

The Kroll Bond Ratings Agency assigned its AA rating to Los Angeles' general obligation bonds Tuesday, its first rating of the city.

As the end of summer approaches and supply continues to dwindle, weekly volume in the municipal market is expected to sink to $2.53 billion, the lowest level in almost six months. A $480 million offering from the Virginia Public Building Authority is the largest deal on the new-issue calendar this week.