Markets

Refinitiv Lipper reported $2.537 billion of outflows from municipal bond mutual funds for the week ending Wednesday after $2.389 billion the week prior.

The North Carolina Medical Care Commission got the green light to issue $105.1 million of tax-exempt revenue bonds to fund a five-story building that will house 71 independent living apartments.

Municipal bond mutual funds saw more losses on Wednesday with the Investment Company Institute reporting another week of multi-billion-dollar outflows, bringing year-to-date losses to $123.3 billion.

Chicago's upcoming general obligation sale will carry a Moody's rating for the first time since at least 2014.

The market has seen outflows for 13 straight weeks, per Refinitiv Lipper, but Nuveen strategists Anders S. Persson and John V. Miller said "selling is due primarily to investors harvesting tax losses."

Revenues were up while economic activity slipped, with some observers suggesting Hurricane Fiona may have had a negative impact on the economy.

Seven years after dropping Chicago to speculative grade citing pension funding, Moody's returned the city to investment grade, citing pension funding.

Voters will decide on more than $60 billion of bond ballot measures Tuesday with New York voters faced with the largest amount at $4.2 billion.

JobsOhio liquor profit, state revolving fund and GARVEE bonds scheduled to hit the market over the next two weeks.

ICE TMC, part of ICE Bonds, provides market participants access to an all-to-all market for trading munis and other bonds.