Markets

February durable goods orders data were in line with expectations for an aircraft-led decline, with the headline number falling by 1.6%.

It's the first such deal in four years for the authority.

RBC Capital Markets hired Carlos Pineiro from Goldman Sachs, as a Managing Director in Chicago.

The municipal bond market is facing $100 billion of municipal bond redemptions and implied reinvestments.

The Public Buildings Renewal Act would authorize $5 billion in private activity bonds for the construction or rehabilitation government-owned buildings.

Green bonds and sustainable offerings are on tap this week as several sales are set to hit the market. Buyers are expected to snap up the paper that aims to fund clean water, school and housing initiatives.

The value of business inventories in January rose 0.8%, above the 0.4% gain expected by MNI and the 0.5% gain expected by the Bloomberg consensus.

Construction spending was up 1.0% in February, well above the 0.1% gain expected.

The overall economy grew for the 119th straight time.

U.S. retail sales unexpectedly eased in February on declines in grocery stores and building materials, which could potentially reflect cooler weather.