Markets

The authority is bringing $950 million of taxable bonds and $1.7 billion of tax-exempts.

Moody's says the adoption of an on-time budget along with audited financials are positive developments.

Issuers from New York, Florida and Nebraska offered buyers notes, bonds and taxable deals.

Fitch raised the airport's rating by one notch to A, citing rising traffic levels and robust financial metrics.

Part of the problem could be “the apparent failure of mainstream economic models to capture fully the current reality.”

Moody's Investors Service cut OSF Healthcare System to A3 from A2.

Paul Malloy, head of municipals and credit research at Vanguard, tells why investors should take the long view to achieve relative value in munis as the year ticks on. Chip Barnett and Lynne Funk host.

Market demand for the high yields offered by riskier paper is pulling such credits into the market, Municipal Market Analytics says.

Competitive issues dominated Wednesday’s calendar with issuers from Nevada, Texas and New Jersey leading the pack.

The rating agency upgraded the hospital system to Aa2 from Aa3.