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The case is significant because so many municipal market participants rely on audited financial statements.

The Treasury Department’s $60 billion sale of two-year notes on Tuesday broke one of the few remaining records of the low interest-rate era.

The Federal Reserve is nowhere near to pulling back on its support for the pandemic-damaged U.S. economy, Chairman Jerome Powell signaled at his testimony before Congress on Tuesday.

The COVID-19 pandemic didn't delay the deal but it did influence the structuring of the new money and refunding deal.

The deal continues to offer better recoveries for the guaranteed Public Building Authority debt than for general obligation debt, but trading of the GOs blew up with more than $180 million exchanging hands to higher prices.

The charges against Ricky Mantei stem from allegations of prearranged trading in violation of his firm's established procedures.

Jonathan Bowles of Center for an Urban Future explores how New York City could benefit from a green public works program. He also calls for unlocking the potential of CUNY and improving the city's capital construction process. Paul Burton hosts (17 minutes).

Political uncertainty will elevate bond price volatility for those issuers more dependent on fiscal support. Still, the broader market will benefit from support for education, transportation, and healthcare sectors.

The city relies on the levy as a whole for 43% of its general fund revenue amid a national debate over work-from-home dynamics that could reach the U.S. Supreme Court.

The rating agency called the commonwealth's proposed rainy day fund withdrawal moderate.