Markets

Municipal bond volume soars to nearly $12 billion next week as supply-starved buyers await the new issue slate.

U.S. consumer prices rose in July, with a gauge excluding food and fuel costs posting the biggest annual gain since 2008.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.03% from 4.01% the week before.

“Strategic investments” account for the 20% increase in spending since New York Mayor Bill de Blasio took office, his budget director said Thursday.

The Hutchinson Shockey name will continue after its acquisition by Ohio-based Huntington Bancshares.

Puerto Rico issues rallied after the main parties reached a deal on the restructuring of Puerto Rico Sales Tax Financing Corp. bonds.

Federal disaster relief mitigates the credit impact of fires and other catastrophes, rating agencies say.

S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.

Puerto Rico issues rallied after the central parties reached a deal concerning Puerto Rico Sales Tax Financing Corp. bonds.

June wholesale inventories increased by 0.1%, revised upward from the flat reading reported in the advance estimate.