Markets

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

DFW reported present value savings of more than 27% from this week's current refunding of $489.5 million of tax-exempt bonds.

A new law allows state agency Space Florida to sell revenue bonds for private aerospace firms without requiring approvals from the state governor or cabinet.

Uncertainty makes downside risks prevalent, and the Fed will need to be accommodative when the crisis ends, according to Lael Brainard.

Long-term munis strengthened as investors bank on recoveries and navigate an uncertain credit landscape.

Illinois paper is trading at tighter spreads than it did amid the original coronavirus surge, though they remain much higher than in February.

Hamden received its second hit from the rating agencies in four days when Fitch lowered the town's general obligation bonds to BBB.

Municipals finished little changed ahead of this week's almost $14 billion of new issues.

Moody's Investors Service and S&P moved their outlook the Detroit-based university's ratings to negative as the Michigan state school prepares to sell bonds.

The chance of the Federal Reserve using yield curve control is probably much higher than the market currently anticipates.