Markets

With the leadership questions mostly answered, the Fed must figure out what to do about inflation. The markets expect the Fed will have to raise rates sooner than planned, and perhaps speed up taper to do so.

This week will be all about the secondary market given that the majority of issuance was priced earlier in the month while Dec. 1 coupon payments should make secondary offerings look attractive.

The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

The two are in sync, said New York City's incoming comptroller, who will take office Jan. 1.

The Thanksgiving holiday-shortened week, next-to-no supply and few economic data releases should keep munis steady.

Citing lingering questions about the bank's policies on financing of firearms manufacturers, the Bond Commission chose Wells Fargo for the refinancing deal.

Month over month, the municipal market is in a much better position, as heavy demand and flows continue to drive it.

The state will take a fresh dose of good rating news into the market when it competitively sells $400 million to fund pension buyouts and capital expenditures.

The Investment Company Institute reported $1.608 billion of inflows into municipal bond mutual funds for the week ending Nov. 10, up from $657 million a week prior.

The tender/exchange offer is built into a more than $1 billion refinancing the city plans to price in early December.