Markets

The tax-exempt part of the big Connecticut deal was offered to retail Wednesday as munics continued to rally.

As Congress prepares work on an infrastructure package, the transportation secretary endorsed private funding through pensions and endowment funds.

Chicago and Illinois poured more than $1 billion of their high-yielding, low-investment-grade rated GO paper into the market on the same day.

Ila Afsharipour will be based in San Francisco.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

The U.S. current account deficit widened to $134.4 billion in the fourth quarter, larger than the -$132.3 billion expected.

The U.S. international trade gap narrowed to $51.1 billion in January from a slightly revised $59.9 billion in December.

Deals from the NYC TFA, Chicago, Illinois, California, Maryland and Miami-Dade County help satisfy demand.

Private placements and direct bank loans allow more direct investor communication for issuers of all stripes, advocates say.

Platte County wants a court to confirm its decision to walk away from an appropriation pledge.