Markets

The summer lull, trade policy, the Fed, and the lack of a federal infrastructure plan all weigh against a recovery in muni volume this year.

While munis turned in a mostly solid performance on Monday, a Charles Schwab & Co. report said they are less likely to outperform Treasurys in the second half.

DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.

Consumer credit rose $24.56 billion in May to $3.898 trillion, the Federal Reserve reported.

The Vermont Municipal Bond Bank is expanding its individual investor outreach ahead of its newest transaction.

Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.

Munis were firm at mid-session as traders get set to see some much-anticipated supply hit the screens this week.

Consumers’ inflation expectations held, but respondents’ optimism slid, according to a survey released by the Federal Reserve Bank of New York

The Conference Board's Employment Trends Index increased to 108.94 in June from 107.72 in May.

Gov. Paul LePage and state lawmakers are at odds about how to fund a voter-approved Medicaid expansion that was supposed to take effect on July 2.