News and Information from Bond Buyer

Hartford Funds is launching two new municipal bond funds to expand its suite of products

Federal Reserve Bank of Minneapolis President Narayana Kocherlakota will become the inaugural Lionel W. McKenzie Professor of Economics at the University of Rochester in New York starting Jan. 1, 2016, the Bank announced Monday.

Two New York State Board of Elections commissioners are calling for one combined presidential and congressional primary vote in 2016 that would save the Empire State an estimated $50 million.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.015% high rate, up from 0.010% the prior week, and the six-months incurred a 0.080% high rate, up from 0.070% the week before.

Prices of top-shelf municipal bonds were mostly higher at mid-session, as traders keep one eye on the week's $7.3 billion new issue slate and another eye on yields.

The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.

California has improved its budget practices and Virginia has enacted pension reforms, but New Jersey has been unable to get past chronic pension and budget problems, a nonprofit group found in a report released Monday.

Consumers expect inflation to be slightly higher in the coming year, and median household spending growth to be off, according to the Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

The Federal Reserve's Labor Market Conditions Index, a compilation of 19 labor market measures, rose to positive 1.3 in May from a revised negative 0.5 in April.

The Conference Board's Employment Trends Index (ETI) climbed to 128.60 in April from a downwardly revised 128.10 in April, and is up 5.1% from a year ago, the group announced Monday.

First quarter weakness in gross domestic product and lowered expectations for the second quarter resulted in the National Association for Business Economics Outlook Survey panel reducing its forecast for real GDP growth down to 2.3% for fourth quarter 2014 to fourth quarter 2015.

Monday, June 8 Issuer St Description Amount

Monday, June 8 Issuer St Description Amount

Week Of June 8 Issuer St Description Amount

Week Of June 8 Issuer St Description Amount

Day Indicator Last Report Forecast Tuesday Wholesale Inventories March: +0.1% April: +0.2% Tuesday Wholesale Sales March: -0.2% April: +0.5% Wednesday Treasury Budget April: +$156.7B May: -$98.0B Thursday Import Prices April: -0.3% May: +0.8% Thursday Export Prices April: -0.7% May: +0.2% Thursday Initial Jobless Claims 5/30: 276,000 6/6: 278,000 Thursday Continuing Claims 5/23: 2.196M 5/30: 2.188M Thursday Retail Sales April: unch May: +1.1% Thursday ex-Autos April: +0.1% May: +0.7% Thursday Business Inventories March: +0.1% April: +0.2% Friday PPI April: -0.4% May: +0.4% Friday PPI Core April: -0.2% May: +0.1% Friday Michigan Sentiment May: 90.7 June: 91.5 Friday Current Conditions May: 100.8 June: 100.0 Friday Expectations May: 84.2 June: 85.0

INDIANA

ARIZONA

Jun. 8, 2015 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.37 1.8 2.79 3.78 Delaware Aaa/AAA/AAA 0.3 1.48 2.29 3.26 Maine Aa2/AA/AA 0.31 1.53 2.38 3.37 Maryland Aaa/AAA/AAA 0.3 1.51 2.32 3.27 Massachusetts Aa1/AA+/AA+ 0.32 1.6 2.49 3.47 New Hampshire Aa1/AA/AA+ 0.32 1.57 2.41 3.37 New Jersey A1/A/A 0.95 2.39 3.25 4.2 New York Aa1/AA+/AA+ 0.3 1.5 2.35 3.43 Pennsylvania Aa3/AA+/AA+ 0.52 1.99 2.9 3.92 Rhode Island Aa2/AA/AA 0.38 1.73 2.67 3.65 Vermont Aaa/AA+/AAA 0.3 1.5 2.35 3.3 Dist. of Columbia Aa1/AA/AA 0.35 1.62 2.55 3.55 Puerto Rico B2/BB/BB+ 8.05 9.49 9.5 7.77

6/5/2015 5/29/2015 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 4 $47,420 $2 $23,980 $23,440 Delaware 0 0 0 0 0 Maine 4 140,465 0 0 140,465 Maryland 3 66,980 4 535,115 -468,135 Massachusetts 10 284,283 11 189,937 94,346 New Hampshire 2 52,425 1 6,335 46,090 New Jersey 7 120,648 4 49,172 71,476 New York 35 1,423,432 42 2,798,980 -1,375,548 Pennsylvania 10 341,765 8 839,540 -497,775 Rhode Island 1 593,655 2 615,500 -21,845 Vermont 0 0 0 0 0 District of Columbia 0 0 2 534,435 -534,435 Puerto Rico 0 0 0 0 0