Finance

St. Louis-based Stifel said it had reached a definitive agreement to acquire certain assets of Baum, including its municipal bond business.

After effortlessly taking down $13.2 billion of bonds this past week, muni buyers will see another above-average issuance week with $7.6B.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

The county in the New York suburbs received its second upgrade in two months after eliminating cumulative general fund deficits.

The market picked up right where it left off on Wednesday — with unwavering demand from investors.

The insurer seeks at least $720 million from Wall Street firms that underwrote Puerto Rico bonds issued from 2001 to 2007.

Rasheia R. Johnson has returned to the firm where she worked before joining Mayor Jim Kenney's administration in 2016.

A review after the Puerto Rico special revenues court ruling led Kroll Bond Rating Agency to upgrade the Los Angeles Unified School District's GO bonds.

The bond market had no problems whatsoever digesting the primary and in the process saw yields drop down ever lower, getting ever closer to all-time lows.

The municipal bond market started to see supply come in, as a bunch of deals priced both on the negotiated and competitive sides. Today’s issuance was an appetizer for Wednesday, the main course that looks like it will be the busiest day of the year.

In the midst of a massive new-issue calendar, Equitable Facilities Fund will bring its first charter school deal backed by the Walton family.

A reduced debt burden following the completion of capital investments positioned Orange Regional Medical Center in New York’s Hudson Valley for a credit upgrade.

Municipal bond investors are eagerly awaiting the biggest supply week of the year, as strong technicals will continue for the foreseeable future.

Market-moving developments should keep Puerto Rico securities very actively traded for months to come.

The parent of the New York Stock Exchange agreed to acquire the Merrill Lynch Option Volatility Estimate (MOVE) index.

The wait is over. After seven months without seeing one week of double digit issuance, municipal bond investors will finally get a supply surge.

Market concerns about Illinois volatility may ease with Fitch's outlook shift to stable from negative.

Municipal and Treasury markets rallied one day after the Fed cut interest rates by 25 basis points and after President Trump declared more tariffs on China — all of which caused the 10-year Treasury to dip below 1.90%.

Morgan Stanley Wealth Management's Matthew Gastall, executive director, and Monica Guerra, vice president, share their views on strong muni demand. They discuss taxable equivalent yields and some pickup in credit impairments. John Hallacy hosts.

The rating agency moved its outlook for Illinois to stable from negative, citing budget progress and an April tax windfall.