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Nine states, including Texas and Virginia, received the lowest D-minus grade from the Volcker Alliance for handling retirement costs.

Strong legal and structural protections earned the debt top grades from Kroll and Fitch. S&P wasn't as bullish.

The referendum asks voters in Mecklenburg County, N.C.’s to approve bonds for schools.

The bond markets will not have a huge reaction to the nomination of Governor Jerome Powell as chair as of Federal Reserve Board, seeing it as a continuation of the monetary policies of Janet Yellen and Ben Bernanke before her.

Moody's cited the city's reliance on nonrecurring revenues.

Moody’s Investors Service moved the outlook to negative in advance of a $40 million revenue bond sale.

Municipals and Treasuries were stronger around midday, with the GOP releasing some details of its tax bill and ahead of President Trump’s expected nomination of Jerome Powell as Fed chair.

The university has overspent by $25 million annually for four years, its president says.

Retail investors are overcoming concern over interest rates and tax reform by extending duration, upgrading to high-quality, and buying defensive premium bonds.

The bill, which calls for the elimination of advance refundings, private activity bonds, tax credit bonds, and tax-exempt stadium bonds, would shrink the municipal market despite preserving the tax-exemption on muni bond interest.