Markets

Municipal bond traders are girding for more volume on Wednesday, with the institutional pricing of the New York City Transitional Finance Authority deal leading the pack.

Detroit approved $34.5 million in borrowing to finance the Detroit Pistons' move back to the city.

Municipal bonds ended steady on Tuesday as billions of dollars in new supply hit traders' screens, led by competitive bond deals from the states of Georgia and Massachusetts and Chicago's O'Hare airport.

Puerto Rico’s employment indicators were mixed in May compared to April and to May 2016.

San Francisco's largest-ever COP sale funds an expansion of the city's convention center.

The municipal bond market saw billions in new supply hit the screens on Tuesday, led by big competitive bond deals from the states of Georgia and Massachusetts and a competitive note sale from a New York issuer. Municipal bond prices were steady in quiet trading at mid-session.

S&P Global Ratings has placed its AA-plus general obligation (GO) rating, AA appropriation rating, and A-plus moral obligation rating on the state of Alaska's debt on CreditWatch with negative implications.

Unfunded liabilities will still pester Pennsylvania, Moody's says

Municipal bond traders are getting ready to see lots of new deals hit the market on Tuesday, with several large competitive sales coming from issuers in Georgia and Massachusetts.

The U.S. current account deficit widened for the third straight quarter to $116.8 billion in the first quarter from a revised $114.0 billion gap in the previous quarter, the Commerce Department said.