Chip Barnett

The municipal market will get another healthy dose of issuance in the final full week before Thanksgiving. The calendar is chock full of deals from Illinois, as all issuers look to price bonds before the tax laws change.

Municipal bonds were markedly weaker at midday as market participants remain fixated on the newly released Senate tax reform proposal and how it compares with the House version.

Municipal bond market participants are scanning the news closely for details of tax reform provisions that affect them.

The last of the week’s big municipal bond deals came to market on Thursday – both from California issuers – as municipals finished weaker in secondary trading.

Although New York's Metropolitan Transportation Authority has invested more than $120 billion in capital improvements since 1982, the pace of investment has not kept up with the need.

Blow-back from the sell-side centered on the proposal's potential to drive up infrastructure financing costs and accelerate the departure of smaller firms from the business.

The last of the week’s big municipal bond deals came to market on Thursday as municipals wavered in mid-session trade.

Market participants are waiting for the last major deal of the week to price while also hoping for some clarity on the tax reform situation.

Anthony Felice, Daniel Boyle, and John Martinko, all service-disabled veterans, will take over the day-to-day leadership of the company.

Deals came in waves in the busiest day of the week Wednesday, with the market firming and most issuers able to lower yields.

JPMorgan Securities won the week’s largest bond deal — Pennsylvania’s $974 million of general obligation bonds. In secondary trading, municipals were stronger at midday.

Pennsylvania is set to hit the market with the week’s biggest offering — a $974 million competitive sale. Municipals were stronger, according to early trade data.

Bill de Blasio won a second term as New York City mayor after a boisterous four-way bout that ended as many had expected — in a landslide victory.

The first of the week's new issuance rolled in on Tuesday as strengthening municipal bond prices allowed underwriters to cut yields on some of the day’s larger deals.

The first of the week's new issuance starting to roll in on Tuesday, as top-rated municipal bonds were stronger.

Municipals continued to strengthen as the first of the week's issuance starting to roll in on Tuesday, including the second biggest deal of the week.

Municipal bonds were little changed in midday activity as the market gets ready to see nearly $7 billion of new paper.

Municipals were little changed in early activity as the market gets ready to see almost $7 billion of new paper come its way this week, led by issuers from Virginia and Maryland.

Municipal bonds ended unchanged on Friday as the market geared up for a more manageable new issue calendar, led by Montgomery Co., Md., and the Virginia Small Business Financing Authority.

Municipal bonds were unchanged at mid-session, according to traders, who are looking ahead to the next week's $6.7 billion new issue slate, which will be headlined by big offerings from Virginia and Maryland Issuers.