Finance

The top 10 saw three firms that were not in it last year and only one firm remained in the same position compared to the previous year's first six months.

Municipals showed strength Tuesday in the face of new supply as long yields dipped as much as two basis points.

They contribute more than $77 billion annually, or 9.4% of city economic output, according to the city comptroller.

Municipals finished little changed ahead of this week's new-issue slate while retail investors are coming back into the market.

The Bi-State Development Agency, which manages St. Louis public transit, took a two-notch downgrade from S&P Global Ratings over the pandemic's impacts.

Yields have essentially remained flat since mid-June as the market has digested new issues well and investors are starved for paper, especially tax-exempts.

The New York/New Jersey agency's issuance of $1.1 billion in taxable notes underscores multi-year revenue challenges it confronts due to the COVID-19 pandemic.

Marc Pfeffer, chief investment officer at CLS Investments, talks about today’s municipal bond market and looks to the future.

Preston Hollow says another court ruling proves some of its defamation claims. Nuveen counters that accusations fail to rise to defamation because many are opinion or true.

Traders and strategists say the dearth of tax-exempt debt and the surge of taxable issuance is keeping the market steady.

Municipal bonds were little changed as the first half of a tumultuous year comes to a close.

The municipal market saw a $40 billion-plus month for the second time this year, as issuers flooded the market with bond sales during the month of June.

Municipals finished little changed as a deluge of taxable deals get ready to hit the market.

Municipal bonds finished mostly steady on Friday ahead of a $7.2 billion holiday week new issue calendar.

Proceeds will finance and refinance projects based on the benefits of ensuring inclusive and equitable quality education, officials say.

As some states see new coronavirus lockdowns, municipals maintain stalwart position.

Cooper Howard, director of fixed income strategy at the Schwab Center for Financial Research, talks about the bifurcation in the market and what investors should look at during the rest of the year.

Despite criticism, the Municipal Securities Rulemaking Board said the calculator will help track the timeliness of secondary market disclosures.

Municipal bond funds and ETFs saw combined inflows of $2.942 billion in the week ended June 17, ICI said.

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.