Markets

Municipal issuers in the Far West sold $38.7 billion in bonds during the first six months of 2020, 8.8% more than they did the year before.

The economy continues on a fragmented recovery from the pandemic, with the housing market being a positive sign and labor having issues.

Ashton Goodfield, head of municipal bonds at DWS Group, talks with Chip Barnett about how the municipal bond market has been coping with the effects of the COVID-19 pandemic and what's in store for the rest of the year. (22 minutes)

Munis continued to weaken with yields on the AAA scales rising by as much as three basis points.

The big gain suggests the manufacturing sector will be a positive for economic growth in the near term.

Municipal bond issuers in the Southeast sold $27.7 billion of debt, down 7% year-over-year as the region saw fewer big transportation and prepay gas deals.

New York City's comptroller wants the mayor to pull the executive order he issued in March, when the city needed to quickly purchase ventilators and other coroavirus-related equipment.

Municipals turned weaker on the long end Tuesday as NYC's tax-exempt GOs were priced for retail investors.

Consumer confidence sputtered even as new home sales surged, highlighting an uneven economic recovery.

The region's municipal bond issuers borrowed $40.4 billion during the first half of the year as record low rates more than tripled refunding activity.