Markets

Moody’s projects more utility privatizations as local issuers look to cope with financial distress and sidestep maintenance and compliance costs.

Top-rated municipal bonds were weaker at mid-session, according to traders, as several big competitive deals sold in the primary market.

How can muni managers produce consistent returns while managing risk efficiently? Invesco’s Mark Paris, CIO & Head of Municipals, and Stephanie Larosilliere, Vice President & Senior Client Portfolio Manager, talk about their high-yield municipal fund, which tends to focus on seven to 10 sectors, with Tobacco, CCRC, IDB and Charter schools among the most active. John Hallacy is our host.

Bitvore Corp. added features to its artificial intelligence-powered early warning system that continuously monitors material changes affecting risk across the municipal market.

The value of business inventories rose 0.5% in June, as expected by analysts and predicted by an MNI calculation, while business sales were up 0.3%, a Commerce Department report Tuesday showed.

Builders’ confidence in the market for new single-family homes increased as the National Association of Home Builders' housing market index rose to 68 in August from 64 in July.

Municipal bond market traders on Tuesday are set to see the start of this week’s supply hit the screens as several large competitive offerings are slated to sell.

U.S. import prices rose 0.1% in July, as expected, and were down 0.1% excluding fuel prices and flat excluding just petroleum prices.

The value of retail sales rose 0.6% in July, well ahead of expectations for a 0.3% gain, and followed a sharply upward revised 0.3% gain in June, data released by the Commerce Department Tuesday morning shows.

The Empire State Manufacturing Survey showed "business activity grew strongly in New York State," the Federal Reserve Bank of New York reported Tuesday, as the general business conditions index soared to 25.2 in August from 9.8 in July.