Markets

The recent performance of munis has reset relative valuations to more attractive levels, according to BlackRock's Peter Hayes.

Municipal bonds are financing a new Alabama zoo that will move hundreds of animals out of a hurricane danger zone.

Municipal bond buyers had billions of new paper flow into the primary market - which took it all down but overall the market was weaker for the second day in a row as Treasury yields continue to climb.

Municipal bond buyers had a wide variety of offerings to choose from on Tuesday.

New single-family home sales pace saw a significant rise in the month, increasing by 4.0% to 694,000.

Service sector companies “saw slowing growth in April,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing growth in the central Atlantic region “slowed in April.”

The consumer confidence index increased to 128.7 in April from a revised 127.0 last month, The Conference Board reported Tuesday.

Home prices rose 6.3% on an annual basis in February, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

The region's services sector showed “continued but moderated improvement,” as the general business conditions index slid to 27.6 in April from 30.1 in March.