Markets

After decades of managing risk for investment clients in volatile markets, Thornburg managing director Chris Ryon is preparing to retire at the end of the year.

The composite of the Leading Economic Index was up 0.2% in February following a revised unchanged level in January, the Conference Board said Thursday.

The level of initial claims fell by 9,000 to 221,000 in the March 16 week, below expectations for a 225,000 reading.

Manufacturers report activity “improved” in March.

In the primary, Academy Securities priced the Calif. Veterans Affairs deal for retail investors on Wednesday.

If the IRS fails to provide a regulatory fix, two members of Congress may address the issue legislatively in bicameral affordable housing legislation that had wide bipartisan support in the last Congress.

Next week's Illinois GO sale will be a muni market referendum on the governor's budget, tax and pension proposals.

S&P Global Ratings boosted its outlook to positive from stable ahead of an $850 million GO bond sale.

Municipal bond market participants will be waiting for the Fed's decision on rates and the look ahead.

Indianapolis and Marion County have tapped a new revenue pledge to back more than $600 million of bonds