Stay updated with breaking news from Mickey Levy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While "munis are set up for better performance, perhaps modest single-digit returns, the near-term outlook for fund flows will make for a challenging read," Oppenheimer's Jeff Lipton said.
For the coming week, investors will be greeted with a new-issue calendar estimated at $8.213 billion.
National security minister: Anti-LGBT protests allowed during march • Dozens of opposition MKs to attend Jerusalem Pride
The U.S. economy is "too resilient and this will force the Fed to not only deliver more tightening but also to keep rates higher for much longer," OANDA's Edward Moya said. NYC and Connecticut GOs on tap.
Wall Street closed on a low note Wednesday, as markets sank amid prolonged negotiations over the federal debt ceiling, and uncertainty sparked by the release of the Federal Reserve's recent meeting minutes.