Finance

Municipal bond buyers were seeing the first of the week’s deals come to market as two big competitive issues sold.

The combined $10 million payment by Aetna, The Hartford and Travelers is a positive for Connecticut's struggling capital, according to Moody's Investors Service.

The summer lull, trade policy, the Fed, and the lack of a federal infrastructure plan all weigh against a recovery in muni volume this year.

Congress might provide clarity by preventing states any state from imposing retroactive liability.

While munis turned in a mostly solid performance on Monday, a Charles Schwab & Co. report said they are less likely to outperform Treasurys in the second half.

DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.

The Vermont Municipal Bond Bank is expanding its individual investor outreach ahead of its newest transaction.

Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.

Munis were firm at mid-session as traders get set to see some much-anticipated supply hit the screens this week.

Membership in the Streamlined Sales Tax Governing Board is voluntary, but the Supreme Court ruling may serve as an impetus for more states and e-commerce retailers to join.

Municipal bond activity returns to a near-normal level as a slew of deals heads into the market, led by New York and California issuers.

Working under three elected comptrollers for 12 years, she was a stabilizing presence behind the scenes.

Ipreo estimates weekly bond volume at $6.6 billion, consisting of $5.5 billion of negotiated deals and $1.2 billion of competitive sales.

In the week ended July 5, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index dipped to 3.97% from 3.98% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Municipals remained stronger into the close on Thursday as the minutes from the last Federal Reserve meeting were released.

Tax accountants, financial advisors, private schools, and other organizations are advertising tax credits for donating to private K-12 voucher funds as ways to "sidestep," "bypass," "circumvent," or "mitigate" the impact of the federal SALT deduction cap, according to a survey.

Carol Kostik, the senior among eight deputies, has worked for three city comptrollers and managed the issuance of more than $110 billion of debt .

A sluggish and somewhat skittish tone kicked off the post-July 4th trading on Thursday.

Bradley Wendt, a former investment banker with extensive experience in municipal bonds, interest rate swaps, and other fixed income products, joins Treasury's Office of Domestic Finance.

Six straight treasurers want SEC chairman Jay Clayton to stay the course on the commission's forced arbitration policy.