Markets

The city's full-court press on investors includes a webinar to replace pre-COVID-19 investor luncheons and one-on-one calls ahead of the $1.24 billion deal.

With a need to replenish inventories, experts expect the manufacturing recovery to continue.

Former New Jersey Department of Treasury senior staffer Bobby Rand explains why he thinks Gov. Phil Murphy’s $4 billion borrowing proposal to offset lost revenues caused by the COVID-19 pandemic will exacerbate the state’s fiscal woes.  Andrew Coen hosts. (29 minutes). 

A company that has defaulted on debt payments is seeking California approval to sell an additional $53 million in tax-exempt bonds for a factory there.

The $73 million in present value savings over the next three years will help offset the costs of the coronavirus pandemic.

"Yields are just still so remarkably low," a New York City trader said.

The bonds are pricing in three series on Wednesday and Thursday through senior manager Morgan Stanley.

Consumers’ view of the economy was less pessimistic in August, according to the Federal Reserve Bank of New York’s Survey of Consumer Expectations.

Municipals held firm ahead of a strong supply stream of bonds in a calendar heavy with taxable and green bond deals.

The county has so far prevailed in legal arguments that it is not responsible for making up revenue shortfalls on shopping center bonds.