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he MNI Chicago Business Barometer softened in March to 58.7, bringingthe Q1 average to 60.0, its lowest quarterly reading in two years.

Personal income rose 0.2% in February while consumer spending inched up 0.1% in January.

Mike Alagna, head of product strategy for municipal data at Bloomberg, said in a market environment of shrinking margins and everyone being asked to do more with less, technology has saved the day for munis.

In the week ended March 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.87% from 3.96% the previous week.

If the ruling holds, analysts said special revenue bonds may have to be re-evaluated based on the general credit of the issuer.

Connecticut’s GOs hit the market on Thursday as municipal buyers snapped up the last of the week’s sizeable deals.

The House Natural Resources Committee has scheduled a May 2 hearing to examine the successes and failures of PROMESA.

Presidential candidate Sen. Amy Klobuchar rolled out her trillion dollar infrastructure plan, supporting Move America and Build America bonds.

Capital Finance Director David Erdman emphasizes that the Wisconsin's bills and debt service will be paid even if the state budget is late.

Any shortfall will make it harder to meet revenue targets in Gov. Phil Murphy's fiscal 2020 budget proposal.