Markets

Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.

U.S. job openings unexpectedly cooled in October from a record a month earlier, consistent with a steady job market, Labor Department data showed Monday.

The municipal bond market will see a second week of hefty supply, with almost $22 billion of new deals lining up for sale.

Municipal issuers continue to race to market with deals before the calendar turns over, as the tax bill may limit issuance in 2018.

The municipal bond market will see a second week of chunky new issuance, with almost $20 billion of new deals lining up for sale.

The University of Michigan's preliminary December consumer sentiment index reading was 96.8, compared to the final November 98.5 and the preliminary November 97.8, according to market sources.

The value of wholesale inventories fell 0.5% in October, revised down from the 0.4% decline in the advance estimate, while wholesale sales saw a 0.7% increase, data released Friday by the U.S. Commerce Department showed.

The municipal bond market was one again looking at an above-average calendar for next week, with negotiated supply alone coming in at over $17 billion.

Non-farm payrolls rose 228,000 in November and were up 221,000 for private jobs alone, both ahead of expectations, the Bureau of Labor Statistics said on Friday.

WASHINGTON -- Nonfarm payrolls rose 228,000 in November and were up 221,000 for private jobs alone, both ahead of expectations, the Bureau of Labor Statistics said on Friday.