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Top-shelf municipal bonds were unchanged at mid-session as the state of Texas sold the biggest note deal of the year.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.940% high yield, a price of 99.926889.

The idea of a new Ames High School cleared its latest hurdle Monday night when a community feedback group recommended constructing a new building to the school board.

The state already has budget deficit two months into the fiscal year.

Lord Abbett’s Dan Solender and Eric Friedland join the Bond Buyer’s John Hallacy to discuss the market tone, rates, sectors, and credit quality. The colleagues give a frank assessment of the landscape, including federal policy, state financial trends, relative strengths of revenue bonds and the shape of the yield curve and the outlook for rates.

Service sector activity “improved notably in August,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing in the central Atlantic region “largely unchanged in August,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index remained 14.

A Big Apple summer serves as a reminder of the need to invest in the grid.

While Wylie Independent School District students returned to class Monday, the district school board made a decision that could affect them for generations to come.

The state of Texas is selling the biggest deal of the week on Tuesday — a $5.4 billion note offering, which is also the biggest short-term sale so far this year.