Markets

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, climbed to 4.09% from 4.08% the week before.

Indian River County filed an appeal and a new lawsuit against the private owners of Brightline.

Two lone deals priced on Thursday to close out new issuance for the week.

They include the return of Sarah Sanders as assistant treasurer for debt management, a position she held from 2007 to 2017.

Mayor Rahm Emanuel's administration is interested in a similar structure for a pension obligation bond.

A few remaining municipal bond deals hit screens on Thursday to wind down the week's issuance.

Honolulu plans to price $250 million in GOs for the 20-mile-long elevated rail project.

The initial claims data fell by 3,000 to 213,000 in the Jan. 12 employment survey week, below expectations for a 218,000 level.

Manufacturers report expansion at a faster pace in January, and Federal Reserve Bank of Philadelphia Report on Business respondents said price indexes continued trending lower.

The primary municipal market chugged along on Wednesday, as the two biggest deals of the week priced.