Markets

While volume will be under $4 billion, strong demand should continue as the muni market is sound technically and investors are flush with cash. Investors are feeling bullish.

Municipal bonds were trading stronger Tuesday, with yields falling as much as five basis points, according to the MBIS benchmark scale.

Texas factory activity, as measured by the production index, “rose markedly in May,” reaching a 12-year high.

The consumer confidence index increased to 128.0 in May from a revised 125.6 last month, The Conference Board reported Tuesday.

Home prices rose 6.5% on an annual basis in March, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

The holiday-shortened week with the usual accompanying low issuance shouldn’t overwhelm demand, putting the municipal market in a good spot at midyear.

MCE, California's first community choice aggregator, is rated Baa2 with a stable outlook by Moody's.

Pike County's “very weak” economy, budget performance and management led S&P Global Ratings to lower its ratings.

The rating agency said its new criteria only support a rating two notches higher than the state's BBB.

With two new casinos set to open, Atlantic City's current gambling facilities didn't keep pace with last year’s first-quarter revenue growth.