Markets

Housing starts and building permits both rose in September, as the housing market remains the "best part of the U.S. economy."

The coronavirus pandemic took its toll on Hawaii's credit rating Monday as Fitch cuts the Aloha State's GOs to AA. NYC TFA announces $1.1B sale for next week.

Despite "robust" progress, it will take "some time" for the economy to return to pre-pandemic levels, according to Fed Vice Chair Richard Clarida.

Arizona-based Banner Health adds another hospital to its system as it offers investors $607.6 million of taxable revenue bonds.

Five new muni professionals join Hilltop Securities’ debt and fixed income capital market teams; all of them came from Wells Fargo.

Chief of Finance and Senior Counsel, Office of the Ohio Treasurer

Weathering headwinds from the pandemic and energy industry turmoil, the Oklahoma Department of Transportation will price $193 million for highway projects.

Finance commissioner Jacques Jiha will succeed Hartzog, Mayor Bill de Blasio announced.

Detroit's spreads widened from last deal in 2018 but interest rates were lower thanks to overall bond market conditions.

The market will digest the once-again largest amount of new issues in 2020, including some higher-grade state GOs that have been quiet of late. Some participants said a back-up in rates could occur after a mostly quiet week.