Markets

Municipal bond supply takes a big leap forward during next week’s holiday-shortened trading since markets are closed on Monday for Veterans Day.

J.B. Pritzker coasted to victory without offering much detail about how he plans to solve the state's fiscal problems.

Gov. Andrew Cuomo credited Lhota for stabilizing the subway system.

September wholesale inventories increased by 0.4%, revised upward from the 0.3% increase reported in the advance estimate.

The University of Michigan's preliminary November consumer sentiment index reading was 98.3.

U.S. producer prices rose more than forecast in October for the biggest jump in six years on broad gains in costs for goods and services.

In the week ended Nov. 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.33% from 4.26% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Munis ended stronger on a day when activity was muted ahead of the Fed leaving rates unchanged.

Municipal bonds remained stronger, basking in the afterglow of U.S. election results.

Municipals are described as "idiosyncratic" as the municipal yield curve isn’t automatically tracking the Treasury curve. Coupons matter, outflows are manageable, liquidity is strong and munis are attractive to global buyers. Lord Abbett’s Dan Solender, portfolio manager, and Eric Friedland, head of municipal research, discuss all the factors. John Hallacy is host.