Municipals were little changed to start the week, while U.S. Treasuries extended their selloff and equities ended mixed. Municipal yields were steady while UST yields rose eight to 10 basis points across the curve. Ratios fell slightly as a result. The two-year muni-Treasury ratio Monday was at 66%, the three-year at 66%, the five-year at
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Wells Fargo’s role as senior manager in a potential $500 million bond sale for the Oklahoma Turnpike Authority is under review after the bank landed on the state treasurer’s list of companies banned from government contracts.  The 13 financial institutions on the list released Wednesday were determined to be boycotting the oil and gas industry
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