Markets

Undersupply and demand for the muni exemption in high tax states are expected to help municipal bonds outperform in the second quarter.

Non-farm payrolls rose 196,000 after a 33,000 advance, a Labor Department report showed Friday.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, nudged up to 3.88% from 3.87% the week before.

Municipals were firm on Thursday as the last of the week’s deals hit the market

Whistleblower Johan Rosenberg has alleged that the conspiracy cost issuers over $1 billion — $719 million in California, $349 million in Illinois, and $134 million in Massachusetts.

The Illinois Finance Authority says one green investor snapped up a piece of deal during retail order period.

The clarification allows dozens of otherwise stalled housing projects around the nation to move ahead with financing that includes a combination of tax exempt multifamily PABs and the 4% federal housing tax credit.

Climate analytics business risQ is partnering with Municipal Markets Analytics to get a better handle on the risk climate change creates for municipal debt.

Analyst Tom Kozlik interprets the results behind his fifth annual survey of muni bond professionals. Paul Burton hosts from Berwyn, Pa.

Filings for U.S. unemployment benefits unexpectedly fell, dropping to the lowest since December 1969, as the labor market tightened further.