Markets

The University of Michigan's preliminary April consumer sentiment index reading was 97.8.

In the week ended April 12, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged at 3.99% from the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Fitch said Chicago's modernization plans may not protect O'Hare against rating pressures as debt levels swell.

The imbalance of supply and demand continues to crimp activity for some municipal bond professionals.

Cities deny NAM charge that they committed securities fraud by failing to adequately address climate risk in their muni bond official statements.

The revenue procedure implements a proposal in President Trump's infrastructure plan that will help facilitate public-private partnership arrangements.

Municipal bonds remained stronger as a high-grade deal from Charlotte, N.C., came to market.

U.S. import prices were flat in March following gains in the previous seven months, as energy price declines were offset by gains in other categories.

Initial claims for U.S. state unemployment benefits fell by 9,000 to 233,000 in the April 7 week.

Proceeds of Charlotte, N.C.'s deal will refund debt issued in 2008 and prepay a bond-anticipation note.