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With one full week of June left and the end of the second quarter approaching, the week was "a sort of Groundhog Day for municipal yields," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

After a special legislative session, Missouri Gov. Mike Kehoe signed legislation authorizing state-backed bonds for stadiums to keep teams in Missouri.

The proposal would effectively cancel part of a rule change that had not yet become effective.

Kelly Hancock resigned his state senate seat and assumed a position that will make him acting comptroller after current Comptroller Glenn Hegar leaves office.

The Internal Revenue Service and the University of Rhode Island appear to have settled an inquiry by the agency regarding the tax status of higher education facility revenue bonds issued in 2018.

"I would be quite surprised if he did not make a choice that fair-minded observers on both sides recognized as a reasonable person," Summers said on Bloomberg Television.

"We could do this as early as July," Waller said Friday in a televised interview.

Washington and Oregon are still nailing down the final cost and toll rates for the long-planned replacement for the aging spans carrying I-5 across the river.

Cook County faces a general fund budget gap of $102.6 million in 2026, and many grants are at risk under the new White House and Republican-controlled Congress.

The FOMC's decision to "hold rates steady while signaling only two cuts this year was a subtle but powerful shift," said James Pruskowski, CIO at 16Rock Asset Management.