Markets

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 3.89% from 3.88% the week before.

Next week’s calendar should benefit from timing and availability coming on the heels of both the income tax deadline and the holiday-shortened week.

Nuveen, in its defense against Preston Hollow's lawsuit, says its conduct in the fight for bond business was legal whether the other firm likes it or not.

The hospital system will sell $250 million of bonds using the Michigan Finance Authority as conduit.

The value of business inventories in February was up 0.3% from January, as expected.

The composite of the Leading Economic Index was up 0.4% in March following a revised 0.1% rise in February, the Conference Board said Thursday.

Manufacturers report activity has “continued to grow” in April.

The level of initial jobless claims fell by 5,000 to 192,000 in the April 13 survey week, below the 205,000 level expected.

The value of retail sales posted a large gain in March, rising 1.6% vs the 1.0% gain expected.

The top muni bond counsel firms accounted for $74.79 billion in 1,783 transactions in the first quarter of 2019, up from $61.46 billion in 1,655 deals a year earlier. Although overall business was up, most of the top firms didn't quite achieve higher totals than they had during the same time last year.