Primary bond market

Investors downed a deluge of munis in what so far is living up to the billing of the busiest week of the year.

Moody's Investors Service upgraded $1.2 billion of general obligation bonds to Aa1 from Aa2.

Municipals weakened along with Treasuries as stocks surged amid good earnings reports and economic data.

All but a $60 million tax-exempt new money piece of UTA's $511.5 million revenue bond deal is taxable.

Ahead of the deal, Moody's revised its outlook on the hospital system's Aa3 rating to positive from stable.

Market attention turns to the taxable sector as some the week’s biggest deals are set to hit the screens.

The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.

Taxables in full force once again; yield seekers have Illinois.

The nonprofit electricity wholesaler is refunding bonds issued in 2009 and 2015 that are tied to the Prairie State Energy Campus.

After seeing a whopping $52 billion of new issuance in October, the new paper will continue to flood the market during the busiest week of the year.

New York State's fifth-largest city will sell $152 million of general obligation bonds.

A new academic building for the University of Michigan is to rise on the property where construction of a bond-funded jail was abandoned.

With another fed funds rate cut in the books, munis saw a big drop in yields to close out the week and the month.

The volume boom accelerated in October, with taxables accounting for about a quarter of the supply.

As is the case with the muni market, corporates remain strong. Owning higher-quality has been a theme. Our guest Matt Brill, head of U.S. investment grade credit at Invesco, warns that: "winter is coming" and to prepare while times are good. John Hallacy hosts.

Trade and geopolitical disruption will likely consume much of the policy narrative the rest of this week.

Dealer groups believe that some sections of the proposed amended guidance such as complex financing and disclosure standards would add complexity to the rule.

Tuesday saw bond sales come and go, the day before the Fed is expected to cut interest rates.

The school is spending money in an effort to boost its image and reverse a decline in enrollment.

The deal led a rare burst of issuance for a Monday, with the start of the Federal Open Market Committee meeting set for Tuesday.