News and Information from Bond Buyer

The Conference Board's Employment Trends Index (ETI) gained to 116.39 in February from a downwardly revised 115.99 in January, and is up 4.4% from a year ago, the group announced Monday.

Federal Reserve Bank of Philadelphia President Charles Plosser, who votes on policy this year, said recent encouraging economic data isn't enough to change the pace of the central bank's asset purchases.

Tuesday, March 11 Issuer St Description Amount

Monday, March 10 Issuer St Description Amount

Week Of March 10 Issuer St Description Amount

Week Of March 10 Issuer St Description Amount

NEW JERSEY

CALIFORNIA

Day Indicator Last Report Forecast Tuesday Wholesale Inventories Dec.: +0.3% Jan.: +0.4% Tuesday Wholesale Sales Dec.: +0.5% Jan.: +0.1% Wednesday Treasury Budget Jan.: -$10.4B Feb.: -$220.0B Thursday Import Prices Jan.: +0.1% Jan.: +0.4% Thursday Initial Claims 3/1: 323,000 3/8: 330,000 Thursday Cont. Claims 2/22: 2.907M 3/1: 2.900M Thursday Retail Sales Jan.: -0.4% Feb.: +0.2% Thursday ex-Autos Jan.: unch Feb.: +0.2% Thursday Business Inventories Dec.: +0.5% Jan.: +0.4% Friday PPI Jan.: +0.2% Feb.: +0.2% Friday PPI Core Jan.: +0.2% Feb.: +0.1% Friday U. of Mich. Sentiment Feb.: 81.6 Mar.: 82.0 Friday U. of Mich. Current Feb.: 95.4 Mar.: 95.8 Friday U. of Mich. Expectations Feb.: 72.7 Mar.: 73.0

Mar. 10, 2014 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.2 1.18 2.73 4.1 Delaware Aaa/AAA/AAA 0.13 1 2.42 3.76 Maine Aa2/AA/AA 0.17 1.09 2.58 3.9 Maryland Aaa/AAA/AAA 0.15 1.02 2.44 3.78 Massachusetts Aa1/AA+/AA+ 0.18 1.1 2.63 4 New Hampshire Aa1/AA/AA+ 0.15 1.06 2.51 3.88 New Jersey Aa3/AA+/AA+ 0.21 1.18 2.75 4.1 New York Aa2/AA/AA 0.2 1.07 2.51 3.94 Pennsylvania Aa2/AA/AA 0.18 1.15 2.71 4.04 Rhode Island Aa2/AA/AA 0.2 1.27 2.83 4.2 Vermont Aaa/AA+/AAA 0.15 1.07 2.5 3.83 Dist. of Columbia Aa2/A+/AA+ 0.18 1.18 2.71 4.07 Puerto Rico Baa3/BB+/BBB- 7.45 8.32 8.84 7.48

3/7/2014 2/28/2014 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 4 $422,380 1 $15,930 $406,450 Delaware 0 0 0 0 0 Maine 4 24,065 1 8,669 15,396 Maryland 5 189,385 8 905,665 -716,280 Massachusetts 3 244,377 4 114,410 129,967 New Hampshire 0 0 0 0 0 New Jersey 6 47,290 6 336,357 -289,067 New York 10 1,027,061 11 917,665 109,396 Pennsylvania 6 53,270 9 100,545 -47,275 Rhode Island 0 0 0 0 0 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 1 3,000,000 0 0 3,000,000

Government

Traders and analysts said weakening municipal bond yields on Friday wouldn't prevent the tax-exempt market from jumping on new deals in the coming week.

JPMorgan and Charles Schwab have extended an agreement to provide Schwab's clients with access to municipal bonds issued by JPMorgan.

Analysts are divided on whether Puerto Rico's unusually frank disclosures before its $3 billion bond issue scheduled for Tuesday will help or hurt the sale.

The city of Holland, in western Michigan, is gearing up for a $160 million bond sale to raise funds for a new natural gas power plant, its largest borrowing ever.

Standard & Poor's Rating Services joined two other rating agencies in lowering the rating on North Las Vegas’ limited-tax general obligation debt to junk. The outlook for the Las Vegas suburb is junk.

After wrapping a $402 million sales tax backed deal slated for Thursday, Illinois expects to return to the market over the spring with up to $1 billion of general obligation borrowing to fund its ongoing $31 billion capital program.

Work is set to begin this summer on a controversial $3.3 billion bridge spanning the Detroit River despite a lack of commitment of expected funds in President Barack Obama's budget.

Consumer credit increased by $13.7 billion, or 5.3%, in January to $3.112 trillion, the Federal Reserve reported Friday.