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Since 2013, the Tupelo, Miss., and Lee County school districts have made major additions and improvements to their school campuses. Besides the obvious benefits of those construction projects to the school districts, the improvements have pumped nearly $40 million total into the local economy and employed hundreds of local residents.

Municipal bonds were mixed at mid-session, according to traders, who are set to see a chunky new issue slate head to market this week. Volume is estimated at $9.29 billion, composed of $7.94 billion of negotiated deals and $1.35 billion of competitive sales.

After two years Illinois finally got a budget, but this week the municipal bond market will be eying the state’s credit rating.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 1.040% high rate, down from 1.045% the prior week, and the six-months incurred a 1.125% high rate, off from 1.130% the week before.

Providence, R.I., will host the 2019 National Association of State Treasurers' Treasury Management Training Symposium.

The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

Consumers’ inflation expectations fell in the short-term, but rose over a longer period, according to the June Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Breaking a record two-year budget impasse drove a dramatic easing of Illinois' spread penalties.

Michael Post will take on the role of chief legal officer after Bob Fippinger leaves this month.

The Federal Reserve’s Labor Market Conditions Index, a compilation of 19 labor market measures, dropped 1.8 points in June to 1.5, following a 0.5-point decline in May.