Markets

Scott Waguespack will chair the committee that vets city bond deals and other financial transactions.

Demand for tax-exempt income overwhelmed the usual selling in the secondary market during tax season.

The markets have priced in a Federal Reserve rate cut this year, with the likelihood of a September reduction rising to 62% on Wednesday from a 50-50 shot on Tuesday and about a 91% of a 25 basis point cut by yearend.

Munis are termed rich, but taxables still shine.

Stockton University’s ability to meet enrollment targets for its new satellite campus led to a rating outlook boost.

Softness in consumer spending may be ending, which would increase gross domestic product.

Owners of two firms will join Hilltop Securites as managing directors, the firm said.

The muni market is winding down to a pause for the long holiday weekend and when the market opens back up Tuesday, big deals will be few and far between, but the market will continue its run.

Officials with the private passenger train company said contractors have been hired to extend service from West Palm Beach to Orlando.

The tapes, according to Preston Hollow, demonstrate the success of Nuveen's strong-arm tactics to protect its high-yield market share.