Markets

Construction spending rose by 0.1% in August.

With $7.5 billion of new supply on the way to hungry bond buyers, the focus is on the East Coast as issuers in New Jersey and New York take the lion’s share of attention this week.

Municipal bond volume is set to start final quarter of the year with a bang, with two issuers accounting for $3.3 billion,

The third quarter ended with a whimper, leaving year-to-date issuance 15% behind last year's pace.

Moody's boosted its outlook for the University of Illinois to stable from negative ahead of the deal.

Municipal bond supply jumps next week as the last quarter of the year begins.

The Internal Revenue Service has taken no action regarding tax-exempt refunding bonds that were issued for Gettysburg College in 2010, after closing an audit that appears to have been randomly initiated.

The University of Michigan's final September consumer sentiment index reading was 100.1.

The MNI Chicago Business Barometer fell to a five-month low of 60.4 in September, down 3.2 points from August's 63.6.

The seasonally adjusted Milwaukee Report on Business decreased to 56.16 in September from 64.63 in August.