The Latest

City Auditor Hugh Dorrian steered Columbus away from complicated debt instruments and protected its triple-A bond ratings.

Bond lawyers are weighing how they should approach certain muni deals.

The Citizens Budget Commission says deficits could compromise Chairman Joseph Lhota's subway improvement plan.

A busy week got started Tuesday, with deals flowing in as the specter of tax reform plagues the primary municipal market and issuers rush to market with sales that may no longer be allowed next year, creating an opportunity for buyers.

The Treasury Department auctioned $28 billion of seven-year notes, with a 2 1/8% coupon and a 2.230% high yield, a price of 99.806914.

Federal Reserve chair nominee Jerome Powell said the case for raising interest rates at next month’s policy meeting is strengthening.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 1.170% high yield, a price of 99.909000.

Financing for affordable housing projects would face new barriers if Congress approves a House GOP tax bill that eliminates the tax exemption on private activity bonds. Todd A. Lee, CEO and executive director of the D.C. Housing Finance Agency discusses the importance of the exemption to advance affordable housing projects and how the sector is fighting to preserve this tool. Hosted by Andrew Coen.

Texas service sector activity “increased again in November,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index rose to 24.4 from 19.2.

Service sector activity “continued to see strong growth in November,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.