Markets

Moody's Investors Service raised the city three notches to Baa3.

The negotiated $31.4 million sale is part of a planned $100 million the city will sell to finance Polar Park, the planned home of the Worcester Red Sox.

Moody’s Investors Service boosted the Town of Hempstead to Aa2 from Aa3 and assigned a positive outlook.

A lack of depth in the market is partly to blame for low trading activity, according to one manager.

Municipal supply slacks off this week as bond yields continue to inch higher.

The Conference Board's Employment Trends Index (ETI) grew to 110.72 in October from a downwardly revised 110.39 in September.

The U.S. services sector expanded at a slower pace in October as the non-manufacturing index slid to 60.3 from 61.6 in September.

Voters across America will be asked to approve over $75 billion of bonds in hundreds of state and local bond elections on Tuesday. Find out where the biggest requests are — and what they aim to finance.

The muni market was weaker again Friday, as yields followed Treasurys higher after government data showed strong job growth.

Moody's Investors Service boosted the city to B2 from Caa3 and assigned a positive outlook.