Markets

Moody's upgraded the revenue bonds of the largely industrial city near Los Angeles to Baa2 ahead of a $158 million refunding.

Growth in Texas factory activity accelerated in February while the Chicago Fed National Activity Index pointed to an uptick in economic growth in January.

Investors to be greeted by largest issuance week of 2020 led by $5B Buckeye tobaccos.

For the third time in four years, long-term municipal bond volume has surpassed the $400 billion mark — this time thanks to a second half surge in taxable issuance that took the market by storm.

November's progressive income tax referendum looms large over Gov. J.B. Pritzker's proposed fiscal 2021 budget and the state's long-term fiscal prospects.

Bond yields keep grinding lower ahead of the largest issuance week of 2020, clocking in at $13 billion.

The $5.2 billion Buckeye Tobacco Settlement Authority deal will restructure the debt service schedule, returning the Ohio credit to investment-grade.

Companies across the nation reported a decline in business activity in February.

The market got technically stronger and the new-issue calendar builds.

Economists say regional surveys show rebound for now, but forecast remains mixed.