Markets

The Lincoln-Way district is in recovery mode from past bond abuses of a previous leader.

Supply plunges for the upcoming week, with Ipreo estimating volume at only at $2.9 billion, down from this week’s revised total of $5.0 billion, according to updated data from Thomson Reuters.

The University of Michigan's preliminary March consumer sentiment index reading was 102.0, compared to the final February 99.7 and the preliminary February 99.9, according to market sources.

Industrial production grew 1.1% in February, the Federal Reserve reported Friday.

U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category.

Prices received increased in March, to a level not seen in six years, while wage growth was steady.

In the week ended March 15, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.02% from 4.01% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

A spate of deals priced, as investors put more money into long-term municipal bond funds.

The newly updated Congressional Research Service report may be used as a resource by lawmakers if infrastructure legislation with private activity bond provisions is introduced.

More supply hit the municipal bond market on Thursday as JPMorgan Securities won a sale from a rarely seen New York issuer and Morgan Stanley priced a big Florida deal.