Markets

The state is easing a strict quarantine requirement that has left its all-important tourism industry with very few tourists.

Chris Brigati, managing director and head of municipal trading at Advisors Asset Management, talks with Chip Barnett about what investors can expect in the fourth quarter. He looks at interest rates, the economy and the presidential election and what’s in store in a post-pandemic world. (21 minutes)

Municipals finished little changed Wednesday as a hefty slate of new deals came to market.

Although progress has been made, a full economic rebound from the COVID-19 pandemic won't come soon, Federal Reserve Vice Chair Richard Clarida said.

Memphis, Tenn-based FHN, a division of First Horizon Bank, announced Wednesday the hiring of two municipal bond veterans to its New York City team focusing on infrastructure in Evan Levine and Crystal Mullins.

The Alabama Public School and College Authority will issue nearly $1.5 billion of bonds and most of the deal will be tax-exempt new money.

Detroit is selling $80 million of its speculative grade-rated GO paper with more on tap should voters sign off on $250 million of blight borrowing.

New York MTA inspector general rails at lax contractor evaluations

Moody’s Investors Service revised the outlook on its Aa2 rating to negative ahead of the $96 million deal.

Municipals were mostly unchanged with a firm tone on Tuesday, according to market participants, ahead of the week's large new-issue calendar that's heavy on taxables.