Finance

Municipal bonds continued to show weakness at midday as the last of the week's larger deals were selling.

The county plans to sell $315 million of bonds this summer for a new jail.

Puerto Rico bonds traded up after reports of a settlement among bondholders; the broader municipal bond market turned mostly weaker.

Diverging economies and operating predictability shape the differences between the New England neighbors, said S&P.

Municipal bonds were mixed with some Puerto Rico issues trading higher as the primary saw a bevy of new deals hit the screens.

The municipal bond market saw billions of dollars of bonds hit the screens on Tuesday.

Municipal analysts see the holes in the spending plan, but secondary market traders reacted positively.

The muni market saw several large deals hit the screens Tuesday from issuers in California, Seattle and Connecticut.

The $1.2 billion in bonds are being sold through a conduit by a P3 developer.

With a focus on infrastructure deals, muni buyers are set for a hefty new-issue calendar.

Municipal bonds were mixed on Monday ahead of this week’s hefty new issue calendar.

Spending restrictions attached to a $500 million GO sale have triggered discussion over their effects on the state’s wobbly ratings.

Tax administrators will consult with governors and governors, in turn, will consult with their legislatures before responding to any of several possible rulings in the case by the high court, officials said.

Munis turned mostly weaker on Friday as the market prepared for a fourfold jump in issuance after a holiday shortened week.

Municipal bonds were mostly weaker Friday after a strong employment report and ahead of next week’s almost $10 billion new issue slate.

They see aggressive assumptions and a failure to tackle long-term problems like pension underfunding.

Any change to the spending flexibility among governmental units that results from the court decision is likely to be incremental, according to Fitch.

As the last of the week’s larger new issues came to market, municipal bonds finished stronger on Thursday.

S&P said a state law de-annexing a major portion of one city to create another may affect all of its Georgia municipal rating assessments.

New money deals helped issuance rise for the third straight month in May.