State of Wisconsin

Bank of America Merrill Lynch used a big second quarter to overtake Citi at the top of the municipal league tables, while Morgan Stanley, RBC Capital Markets and Goldman Sachs moved up in the first half rankings.

Illinois isn't the only Midwest state struggling with budget issues.

Municipal bonds were unchanged in early activity ahead of next week’s above-average new issue calendar. Ipreo estimates volume for next week at $11.78 billion, up from a revised total of $3.47 billion sold this week, according to updated data from Thomson Reuters.

Top-quality municipal bonds finished mixed on Tuesday, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds and investors awaited the Federal Open Market Committee's decision on interest rates.

Top-quality municipal bonds were mixed at mid-session, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds.

Municipal bond traders are awaiting the start of this week's new issue sales.

Top-rated municipal bonds ended weaker on Monday even as traders anticipated demand for the week’s new issue slate.

Demand for municipals in the primary market should stay strong as volume is set to remain close to the yearly per-week average.

Municipal bonds were stronger at mid-session, according to traders, who were looking ahead to next week’s still healthy new issue calendar, which is estimated at $8.79 billion.

Municipal bonds were stronger in early activity, according to traders, as the market eyes next week’s still healthy new issue calendar.

Municipal bonds ended weaker on Tuesday as deals from Cuyahoga County, Wisconsin, Hawaii, the city of Los Angeles, San Francisco BART and the New York MTA hit the market.

Municipal bonds weakened as deals from Cuyahoga County, Wisconsin, Hawaii, the city of Los Angeles, San Francisco BART and the New York MTA hit the market on Tuesday.

Deals from Cuyahoga County, Ohio; Wisconsin, the city of Los Angeles and the San Francisco BART hit the market in early activity on Tuesday. Municipal bond prices weakened in early trading.