Markets

Texas factory activity, as measured by the production index, “continued to expand in January,” albeit at a slower pace than in December.

A tobacco deal from Pennsylvania and a taxable offering from Hawaii take center stage this week as traders eye rising yields and the Federal Reserve meets on monetary policy .

Personal income rose 0.4% in December, while nominal PCE was up 0.4% and the core PCE price index rose 0.2%.

Another week of modest muni volume is expected, as issuers offer more chunks of taxable bonds.

The city brings a $215 million sewer revenue bond deal to market Wednesday and returns next month with a GO sale.

The Ohio Turnpike and Transportation Commission is selling $72 million of senior-lien bonds and $415 million of junior-lien bonds.

The "transformative" effect of landing the second Amazon headquarters is likely to help the economy of the winning government, according to S&P.

Next week’s slip in supply may increase demand for municipal bonds slated to hit the market.

The increasing saturation of the Northeast market with casinos bodes poorly for states expecting tax windfalls, analysts said.

The municipal bond market is mostly breathing a sigh of relief after it has had time to digest the possible effects of new U.S. tax legislation, according to a report.