Finance

New York, Texas and Pennsylvania issues headline the new-issue slate.

California blasts West Valley Water District for financial control failures, including awarding contracts without a bidding process.

Flynn joined the Cleveland-based firm’s Indianapolis office as a managing director.

Proceeds from the sale would go to providing direct grants to non-profit organizations.

Yields on the long end of the curve dropped as much as seven basis points while very short yields rose.

Asset managers maintain key strategies, but take advantage of post-pandemic opportunities amid overall stabilization.

Oregon's $320.4 million of taxable GO bonds were 7.7 times oversubscribed in some maturities.

Lynn Martin, president & COO of ICE Data Services, also owner of the New York Stock Exchange, talks about ICE's role in pricing, its municipal evaluation services and just how the municipal market itself is resilient. Chip Barnett, senior markets reporter hosts with another Lynn(e), innovation editor at The Bond Buyer.

Recovery seen next year, but rates stay low.

The market looks forward to Thursday's $3.3 billion note deal from DASNY after handling a sizable calendar Wednesday.

S&P cut its outlook on Berwyn, Illinois, GO and securitization bonds to negative over risks posed by the pandemic-induced economic shutdown and recession.

Spoiler alert: Not much. What makes a May Friday a relative oddity is that it was just the first time in 2020 the 30-year UST ended the day unchanged, the second longest span of continuous yield activity since the U.S. government began benchmarking maturities in the late 1970s.

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.

Colleagues admired Sitzer, who died Saturday, for his deep knowledge of the industry, his relationships and his personal touch.

Traders will be looking closely at Wednesday's FOMC meeting and whether the Fed will set target yields for some U.S. Treasury securities.

No real clear, universal definition of ‘green’ exists and it is complicating investor understanding of the market.

The new-issue calendar is filling up with deals formerly on the day-to-day slate, however net supply over the summer is expected to total negative $55B, including negative $15B in June, negative $21B in July and negative $19B in August.

Lawmakers have until June 15 to adopt a budget. Democratic leaders in the legislature have not embraced Gov. Gavin Newsom's proposed cuts.

The pandemic's effect on public transportation has revived debate about the role of bicycles, ferries, in-city commuter rail and other alternative modes.

In secondary trading municipals ended weaker after a strong employment report.