Markets

Huntington Securities has hired Shai Markowicz, a veteran of Citi and Morgan Stanley, as managing director and head of project finance.

Munis and USTs both received a boost from news of a possible peace deal with Iran.

New data from The Bond Buyer finds more than half of respondents agreed that private sector partners stand to benefit the most from the increased use of P3s.

The market has seen a trend of "happy endings to each week, disappointing Mondays," according to James Pruskowski, managing director at Hennion & Walsh.

"We're going to have some weak days, we're going to have some stronger days, maybe they wash out against each other," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

A major multiple-amended housing bill that is expected to expand the use of private activity bonds passes the House and bounces back to the Senate, but obstacles remain over provisions regulating institutional investors.

Proposed FEMA reforms could further increase financial strain for state and local governments after natural disasters.

Ajay Thomas, head of public finance at FHN Financial, said the market has been "totally driven" by headlines out of the Middle East this week.

Flagstar — one of the largest regional banks, operating around 340 locations across nine states — recently hired four senior executives.

As the war in Iran drags on, fears of inflation and higher oil prices are driving up yields, according to Schwab's Cooper Howard.