Markets

The consumer confidence index rose to 137.9 in October from a revised 135.3 in September.

The municipal bond industry has been following the rest of Wall Street down the path to a cold world of statistics driven by algorithms and various formulas to try to perfect an imperfect product.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.8% annual gain in August, down from 6.0% in July.

The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.

Moody's Investors Service cut the outlook for the system, already rated at junk Ba1.

Nineteen deals on the schedule are $100 million or larger, including the $1.3 billion Chicago securitization transaction.

Three of four economic measures improved in September from August.

The first meeting for several new board members included discussions with other regulators and groups, the MSRB said Monday.

The municipal bond market is gearing up for what should be a busy week, with a bunch of good sized deals and one mega deal.

The muni market will see volume rise in the last week of October as buyers will be treated with a billion deal from Chicago’s Sales Tax Securitization Corp. and a $714 million offering from the Department of Los Angeles airports.