Markets

Municipal bond buyers on Tuesday snapped up deals from New Jersey, New York City and Texas issuers.

With limited supply available, an analyst said North Carolina’s $400 million deal should attract ‘significant demand’ from investors.

Bond insurers and legal counsel battled for share of a smaller market as Assured Guaranty and Orrick Herrington & Sutcliffe LLP stayed atop the rankings.

The clinic will privately place the debt with buyers internationally and in the U.S.

Municipal bond buyers were rewarded as a bevy of new deals hitting the market on Tuesday.

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Luke Bronin, in an interview at the Brookings Municipal Finance Conference, said Connecticut's capital city is "in a stronger position than we’ve been in a long time."

Builders’ confidence in the market for new single-family homes held steady as the National Association of Home Builders' housing market index remained at 68.

Industrial production grew 0.6% in June, the Federal Reserve reported Tuesday.

Prices received increased in July, as prices paid retreated from a multi-year high, while employment growth slowed.