Markets

The city launched a new investor website, and boasts two recent upgrades to its still-junk ratings.

Municipal bond traders were returning to their desks on Tuesday with their eyes fixed on falling yields as they await a rather quiet primary market.

The municipal bond market will see a shortage of new supply kicking off the new year, after experiencing a record-breaking month in which almost $63 billion of bonds sold.

Issuers rushing to close PABs and refunding deals propelled issuance past the single-month record set before 1986 tax reform.

A second lawsuit was filed seeking to stop Gov. Chris Christie’s borrowing plans for new state office buildings.

The municipal bond market will see a shortage of new supply going into the new year, after experiencing a record-breaking month in which more than $61 billion of bonds sold.

Municipal utility districts on the Texas coast enter 2018 with a stable outlook, according to S&P.

While the new tax law may portend a difficult year for the municipal market, higher short-term rates and low supply should propel demand in 2018.

The seasonally adjusted Milwaukee Report on Business increased to 65.57 in December from 59.62 in November, the Institute for Supply Management-Milwaukee reported Friday.

The Midwest Economy Index reversed to positive 0.22 from a revised negative 0.11 in October, first reported negative 0.12, the Federal Reserve Bank of Chicago said Friday.