Markets

The county will sell $150 million of sales tax-backed paper, already rated AAA by S&P.

New York, Wisconsin and California issuers priced bonds as investor demand continued to support municipal debt, analysts and traders said. Deals ran the gamut from high-grade to high-yield.

Consumer credit increased by $10.2 billion in June to $3.908 trillion, the Federal Reserve reported Tuesday.

The authority received upgrades from Moody’s on its two variable rate debt issues backed by bank letters of credit.

Bond investors had mixed reactions to the city's announcement that it is exploring a pension bond deal.

Led by issuers in New York, Minnesota and Michigan, municipal bond buyers saw more supply head their way on Tuesday.

U.S. job openings edged higher, indicating ongoing strength in demand for workers, Labor Department data showed Tuesday.

The early birds caught New York City general obligation bonds, as RBC priced an $810 million offering to retail buyers to start a busy primary week.

Underwriters and issuers agree that G-17 disclosures have become boilerplate and excessive, but diverge on whether a complete opt-out should be allowed.

The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up.