Markets

After a deal fell apart last year amid controversy over private prisons, the state returns with new underwriters and a traditional municipal finance structure.

The lighter calendar may help ease the imbalance between demand and supply, as selling pressure in the secondary has weighed significantly on the market tone.

This week's $61.8 million Wisconsin Health and Educational Facilities Authority deal folds two new subsidiaries into the obligated group.

Investors will be greeted Monday about $6.4 billion of new issuance led by triple-A Georgia general obligation bonds and Los Angeles notes.

It's the third time this month that the SEC has announced charges against city officials for disclosure-related violations.

Monday's massive selloff contributed to investors pulling more out from the mutual fund complex. Exchange-traded funds saw $1 billion of outflows and high-yield investors yanked out $1.7 billion.

Loop Capital Markets has hired veteran managers to lead its transportation and housing groups while adding to its Texas banking presence.

The 75 basis point hike, prompted partly by hotter-than-expected inflation data, is the largest since 1994.

As interest rates rise and muni yields trend higher, the Peach State is set to competitively sell its triple-A rated municipal bonds.

Triple-A yield curves rose five to eight basis points. Volatility somewhat eased Tuesday as investors took pause ahead of the Federal Open Market Committee meeting.