Markets

Retail investors are overcoming concern over interest rates and tax reform by extending duration, upgrading to high-quality, and buying defensive premium bonds.

Municipal bond prices rose as the week's biggest issue is scheduled to price.

The New York economy is expanding despite a drop in revenues, the Institute for Supply Management-New York’s Report on Business index, released Thursday, indicated.

Third quarter nonfarm productivity was up 3.0%, slightly ahead of the 2.9% gain expected and the largest increase since the third quarter of 2014.

Initial claims U.S. state unemployment benefits fell by 5,000 to 229,000 in the October 28 week, well below the 235,000 level expected.

A handful of issuers took advantage of low activity Wednesday as the market anticipated the decision to keep the benchmark fed funds rate unchanged.

Moody's Investors Service also cited a structural deficit.

The primary municipal bond market saw a few deals trickle in on Wednesday, as the Federal Open Market Committee's announcement regarding interest rates nears.

The owners of Florida’s private passenger train project want to beat the Jan. 1 expiration date of a private activity bond allocation.

The overall economy grew for the 101st straight time, the Institute for Supply Management reported Wednesday.