Markets

Initial claims for U.S. state unemployment benefits fell by 1,000 to 214,000 in the November 3 week, slightly above expectations.

Munis were buoyed by election results indicating that infrastructure may be on the Congressional agenda.

U.S. consumer debt in September posted the smallest increase in three months.

Munis will see some deals price into a slightly stronger market on the heels of Tuesday's midterm elections.

Massachusetts Democrat Richard Neal, friendly to the muni market, is likely to chair the critical Ways and Means Committee.

Muni activity is being tempered by this week’s election focus, market sources said.

Chicago Heights joins the list of local governments hit with a Moody's downgrade becaue of pension funding strains.

Structural differences insulated Chicago bonds from the worst of the impacts of S&P's new criteria while dragging down the rating of Build Illinois debt.

State officials say the P3 structure will allow it to complete the Interstate 75 project a decade early.

The Virginia College Building Authority competitively sold almost $215 million of tax-exempt and taxable revenue bonds.