Markets

PABs could be used for carbon capture and storage projects under House and Senate bills

The municipal bond market is looking at a holiday-shortened trading week, with most of the action jammed into Tuesday and Wednesday. New issue supply is forecast at $5.69 million.

Successful St. Louis and Kansas City tax and bond measures support their credit profiles.

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

Municipal market participants will see a little more volume to go along with one less work day next week, on the heels of Friday's weaker-than-expected March employment report.

Consumer credit increased by $15.2 billion in February to $3.792 trillion, the Federal Reserve reported Friday.

The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.

Municipal bonds remained stronger at mid-session, after the March employment report came in weaker than expected and ahead of next week’s new issue calendar.

The value of wholesale inventories rose 0.4% in February, in line with the Commerce Department's advance estimate, while wholesale sales gained 0.6%, a Friday report showed.

Municipal bonds strengthened in early activity, traders said, after the March employment report came in weaker than expected.