Markets

Texas factory activity continued to expand in October, although at a slower pace than the previous month.

Purchases, which account for about 70% of the economy, rose 0.4% from the prior month, matching economists' estimates.

Municipal bond volume is set to rise in the last week of October.

The number of MSRB-registered dealers has fallen by almost one-third since 2009 and FINRA and the MSRB have some concerns about it.

The district chopped off more than two percentage points, thanks to new state aid and pension help

Municipal bond supply takes a leap forward next week as Chicago’s Sales Tax Securitization Corp.’s $1.31 billion deal headlines the new issue calendar.

The University of Michigan's final October consumer sentiment index reading was 98.6, compared to the preliminary October 99.0.

The U.S. economy expanded at a 3.5% pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending.

In the week ended October 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.25% from 4.28% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The $240 million deal will also contain a mix of bonds subject to the alternative minimum tax with non-AMT bonds.