The Latest

SIFMA and BDA responded to the MSRB's request for comment on muni indices and benchmarks, and transparency was a major theme.

Wednesday’s municipal market was firm and over $1.3 billion bid lists were circulating, according to a New York trader.

Growth in "eds and meds" has bolstered the Rhode Island capital, the rating agency said in a comparison with New Jersey's capital.

The deal clears one legal obstacle to the upcoming issuance of PABs, although two other challengers plan to pursue a federal lawsuit.

Interest rates are nearing the neutral level — the rate that neither stimulates nor restrains economic growth — Federal Reserve Board Chair Jerome Powell said Wednesday.

Sales of new U.S. homes fell in October to the weakest pace since March 2016 as rising borrowing costs and elevated prices keep buyers out of the market.

Service sector “grew slightly in November,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Wednesday.

The transaction will restructure about $4 billion of Government Development Bank debt.

Manufacturing growth in the central Atlantic region “grew moderately in November.”

Brock, the deputy director of the state's retirement system, will succeed Patrick Marr, who is moving to the private sector.