Markets

The PPI fell 0.6% in February, the biggest decline in over five years. The core rate fell 0.3%

Michael Zezas, managing director of research at Morgan Stanley, notes that muni yields have not fallen as quickly as the Treasury equivalents and recession risk climbs the longer the coronavirus persists. Layer on top of those items the incipient oil competition and quite a storm is brewing. Even liquidity is becoming "disorderly." John Hallacy hosts.

The municipal market was hammered Wednesday by the COVID-19 pandemic with a more than quarter point correction in AAA benchmarks, issuers pulling deals off the shelves and more reports of pricing and evaluation confusion.

Wisconsin's capital finance director says the market offers savings on state bonds he never thought would be refunding candidates.

The consumer price index rose 0.1% last month, but moist recent data has been collected pre-virus spread.

Uncertainty continues to hang over financial markets due to COVID-19. Stocks rebounded somewhat Tuesday while muni yields rose as much as 16 basis points — Tuesday saw a correction of sorts.

The public agency that owns the city's convention center will consider the expansion project and a financing plan next month.

Many businesses have implemented policies to limit non-essential travel, which is likely to have impacted the biennial presentation to municipal bond investors.

As COVID-19 wreaks havoc on global markets, munis try to keep pace.

The municipal bond market will see a slew of supply price this week as issuers and investors buffeted by uncertainty, volatility and outright panic. California is selling $2.2 billion of GO bonds, which investors will seek out as a safe haven in these unstable times.