Markets

Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.

Nassau County Executive Laura Curran's plan to offset a coronavirus-related deficit faces stiff opposition from the Republican-controlled legislature.

The week ahead will see a variety of muni bond issues — from down South to up North, from green bonds to social bonds. Taxables are well represented.

Without a return of inflation, rate hikes are off the table, according to Charles Evans, president of the Federal Reserve Bank of Chicago.

A COVID-19-driven decline in lottery revenue led Oregon postpone a $302 million bond sale because the deal wouldn't meet an additional bonds test.

For the 10th week in a row, investors put cash into tax-exempt mutual funds with Refinitiv Lipper reporting a $857 million inflow.

A handful of economic indicators offered no clarity about the economy, which appears to be improving marginally, but remains fragile.

Rick Kolman and Al Kirton of Academy Securities talk about the state of the public power sector today – the challenges and opportunities that exist for investors.

New York issuers jump in for retail and Texas Transportation also makes an appearance as attractive low yields lure more issuers in. However, some participants say caution is warranted as the coronavirus spread widens in the South and West.

Although economic activity increased, an uncertain outlook clouds the future.