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Emergency supplemental spending bills for natural disasters often are treated outside the normal budget.

Moody's Investors Service said it upgraded the city of Detroit, Mich.'s issuer rating to B1 from B2.

John Taylor, a candidate to succeed Janet Yellen at the helm of the Federal Reserve, said his advocacy for rules-based monetary policy isn’t an argument for overly constraining central bankers in setting interest rates.

Federal allegations of basketball recruiting violations could lead to sanctions that reduce revenues for the Louisville Arena Authority's bonds.

Wenatchee, Wash. is back to investment grade after a rough couple of years.

The prairie state plans $6 billion of general obligation borrowing over the next two weeks, offerings expected to lure investors with unusually rich yields for a sovereign state credit.

The record $2.5 billion of refunding bonds from North Texas Tollway Authority attracted $19 billion of orders.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to the next week's almost $10 billion new issue slate.

The District of Columbia transaction may have potential on a national level.

The University of Michigan's preliminary October consumer sentiment index reading was 101.1, compared to the final September 95.1 and the preliminary September 95.3, according to market sources.