Markets

S&P Global Ratings said it lowered its long-term rating on Missouri Western State University's (MWSU) series 2008, 2010B, and 2012 to BBB-plus from A-minus.

Dawn Mangerson, senior portfolio manager at McDonnell Investment Management talks about the ramifications of the new tax legislation and articulates her concerns for municipals in 2018. Aaron Weitzman and Chip Barnett co-host.

Municipal bond buyers are seeing the last of this week’s big deals hit the screens on Thursday as their eyes turn to next week’s new issue slate.

Initial jobless claims rose by 11,000 to 261,000 in the Jan. 6 week, well ahead of the 245,000 level expected and above the recent trend.

Final demand PPI fell by 0.1% in December, well below the 0.2% gain expected, with an equally disappointing 0.1% decline outside of food and energy prices.

The annual revisions to the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey changed numbers for most months, but the pattern remained the same, the Bank said Thursday.

A bipartisan group of House lawmakers have issued a report calling for the state volume caps to be removed for private activity bonds used to help finance infrastructure projects.

With a financing structure cemented, the first bonds for a Kansas City, Mo., convention center hotel were sold.

Muni yields rose as much as 10 basis points, as they weakened with treasuries on concern China may stop U.S. debt purchases

The ratings withdrawal impacts two Indiana bonds and various New York, and Virginia local government issues.