Markets

Two big deals from Illinois issuers are scheduled for sale on Wednesday as the Chicago Board of Education gets set to hit the market with the first part of its double-barreled offering and Illinois toll bonds are slated to be priced.

The value of retail sales rose 0.2% in October and were up 0.1% excluding motor vehicle sales.

The consumer price index Consumer Price Index came in exactly as expected, with a 0.1% rise for the overall reading and a 0.2% gain for the core reading.

The Empire State Manufacturing Survey showed "business activity continued to grow strongly in New York State."

Voters' decision to dissolve the Dallas County Schools transportation agency is positive for holders of the agency's junk-rated bonds but negative for noteholders, according to Moody's Investors Service.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

The repayment of $80 million in lease-backed debt remains entangled in the standoff.

Budget secretary Benjamin Barnes' latest revenue estimate comes two weeks after lawmakers passed a $41.3 billion biennial spending plan.

Daryl Clements, Portfolio Manager of Alliance Bernstein, discusses strategies for sound performance in tobacco, healthcare, senior living, and stressed entity bonds. He focuses on the importance of spreads to relative value. In the wrap up, he focuses on the benefits of active versus passive management. Hosted by John Hallacy.

Houston's outlook from Moody's Investors Service was boosted to stable from negative.