Primary bond market

The Investment Company Institute reported $385 million of inflows while ETFs fell to $124 million.

Wisconsin reported healthier-than-expected fiscal 2021 results that should benefit a new money deal planned for next month.

Spreads have been widening, but secondary trading was on the light side and triple-A benchmarks were cut by only a basis point in spots even as U.S. Treasury yields once again rose on the 10- and 30-year.

Illinois passage of clean energy legislation cleared the deck for AMP Ohio's stalled refunding of Prairie State bonds, but mandates that would force the plant's eventual closure loom large.

Triple-A benchmarks saw one basis point cuts in spots inside 10 years while the five-year U.S. Treasury hit a high of 1.154%.

Several Midwest-based not-for-profit health systems are set to borrow for new or acquired facilities and to refund debt with green bonds and taxables in the mix.

Developers of a $240 million hotel at the U.S. Air Force Academy Visitors Center in Colorado Springs are appealing to investors with an appetite for risk.

Friday’s data suggested inflation remains a problem, as the voices calling for Federal Reserve action increase.

Payments under the opioid settlement are too short-lived to securitize and local government participation remains unclear.

New York’s Hudson Yards development on Manhattan’s West Side was able to cover its debt service obligations despite the effects of the COVID-19 pandemic.