The Latest

Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.

The first meeting of the Securities and Exchange Commission’s Fixed Income Market Structure Advisory Committee focused mostly on corporate bonds and barely addressed the municipal securities market.

As state lawmakers confront a $1 billion budget gap, an 11.2% increase in revenues may be short-lived, budget director says.

Low interest rates may not be a “serious problem” and while tax reform will support near-term growth, it will add to the long-term burdens on the economy, Federal Reserve Bank of New York President William Dudley said Thursday.

The promotion for Heather Wendell was among a series of key appointments made by acting chief executive Janice Jackson.

The public finance banking team is led by veteran banker Jack Holland.

Bob Spangler and Jim Tricolli will assume responsibilities as RBC's co-heads of municipal finance as Hamel steps away from the top-five underwriter.

New Jersey’s escalating pension burden threatens to derail future budget plans, a report said.

The federal government ran a $23.2 billion deficit in December, the Treasury Department reported Thursday.

The Treasury Department Thursday auctioned $12 billion of 29-year 10-month bonds with a 2 3/4% coupon at a 2.867% high yield (2.801% at original auction), a price of 97.660428.