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Two rating agencies placed a negative outlook U.S. toll roads, while others monitor risks as volumes decline as COVID-19 keeps drivers at home.

Federal Reserve Bank of St. Louis President James Bullard said the U.S. should declare the equivalent of a three-month break for nonessential businesses to fight the spread of the coronavirus.

Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.

The Federal Reserve continued its “aggressive” and unprecedented actions to try to stem the economic bleeding caused by reaction and shutdowns related to the COVID-19 outbreak.

Puerto Rico Oversight Board seeks delay in central government restructuring

Senate Democrats voted as a bloc Sunday evening to stop consideration of an estimated $1.6 trillion relief package because of its perceived shortcomings, including the lack of provisions to assist state and local governments.

The comptroller called for passage of a federal rescue bill and measures to shore up the city budget.

We are desperately trying to establish the bottom at present to provide a modicum of confidence that investors may stop raising cash and would be more inclined to put the cash horde back to work in the market.

The city and state haven't put dollar amounts on what they need but both were already facing budget and pension stresses before the public health crisis struck.

The municipal bond market again sold off as much as a half percentage point across the curve.