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The Federal Reserve said that banks reported tighter standards and continued weak demand for loans in the second quarter, extending a trend that began before recent stresses in the banking sector emerged.

Bond for the private Florida passenger railroad have outpaced their high-yield muni peers as trading volume increased.

The board and the PREPA bond parties told Swain they had reached "an agreement in principle to resolve the outstanding perfection issues" in the bankruptcy.

July's total volume was $25.939 billion in 542 issues, down from $28.258 billion in 619 issues a year earlier, the smallest percentage drop in monthly issuance year-over-year in 2023, according to Refinitiv data.

Ikhrata told the board Friday that he would be stepping down from the San Diego County regional planning agency in December.

"I haven't made up my mind for what should happen in September," Goolsbee said.

The state-created agency has a plan to finally tap hitherto unused proceeds from a 2021 bond issue.

The three-day National Association of Securities Professionals event featured industry experts and focused on accelerating inclusive development.

For the coming week, investors will be greeted with a larger new-issue calendar led by large New York and Texas ISD issuers, along with gilt-edged Minnesota selling competitively.

The House and Senate remain at least $120 billion apart on fiscal 2024 spending levels.