Markets

The New York economy slipped in November, with current conditions falling to its lowest level since June.

Municipal bonds finished mostly stronger Monday. The market will be closed Wednesday in honor of former President George H.W. Bush.

The Internal Revenue Service has told bond attorneys that the law doesn’t explicitly say that veterans are a special needs population under the rules for the tax-exemption for multifamily private activity bonds.

The St. Louis-based, multi-state Catholic health system is selling $175 million of taxable paper Tuesday.

As U.S. airports crowd into the debt market to fund capital projects, Dallas-Fort Worth International Airport will increasingly turn to taxable bonds.

Municipal bonds were stronger at midday, as traders get set to see about $9 billion of new issues come to market this week.

Federal Reserve Chairman Jerome Powell’s testimony to Congress scheduled for Wednesday has been canceled.

The deal allows advisory firm Columbia to grow on the West Coast by combining with an established organization.

The $1.8 billion Chicago O’Hare Airport deal tops a $9 billion new issue calendar that will slake the thirst of a supply deprived municipal bond market this week.

Construction spending was down 0.1% in October, below the 0.4% gain expected.