Finance

The municipal market rallied to close out Thursday five basis points lower in yield, while the last two larger deals of the week priced, with the Philly School District passing its test with flying colors.

Reno's ratings raised to A-plus with an economic boost from tech companies.

The municipal market saw the last two notable deals price, as the market was stronger by as many as five basis points.

The bill has a $63 billion in spending for non-defense discretionary programs in the 2018 fiscal year ending Sept. 30, including $10 billion more for infrastructure programs.

Bill Gross, the billionaire bond manager with Janus Henderson Group Plc, doesn't expect three or four hikes this year.

Democratic challenger J.B. Pritzker will take on Republican incumbent Bruce Rauner.

Primary and secondary activities were an afterthought Wednesday as the municipal market focused on the interest rate announcement from the Federal Reserve Board.

The municipal market concentrated on a Federal Reserve Board 25 basis-point interest rate hike, while keeping an eye on falling snow.

President Trump has threatened to veto this long-delayed omnibus if it contains a $900 million appropriation for Gateway that the House approved in September as part of a spending bill for the Transportation and Housing and Urban Development Departments.

The municipal market completed a few competitive deals and one notable negotiated sale on Tuesday, while awaiting the conclusion of the Federal Open Market Committee meeting.

Lombard's failure to honor its appropriation pledge cost bondholders dearly in a hotel project bankruptcy.

The municipal market and its participants got a few competitive deals, but the two-day Federal Open Market Committee meeting looms large.

The authority is selling revenue variable rate refunding bonds.

The collapse of the pedestrian bridge in Florida and resulting focus on its federal funding shouldn't impact the TIGER program, transit officials said.

This week's miniature muni slate of under $3 billion means deals should have little trouble attracting investors.

Transit officials from across the nation meeting here this week said the president's proposed budget cuts don't track with his rhetoric on infrastructure.

The municipal bond market is facing two big challenges this week -- smaller-than-average supply and a monetary policy meeting of the Federal Reserve.

After back to back weeks of decent issuance, the primary muni market will get with a reality check of weekly issuance below $3 billion, thanks mostly to continued tax reform fallout.

The Lincoln-Way district is in recovery mode from past bond abuses of a previous leader.

Supply plunges for the upcoming week, with Ipreo estimating volume at only at $2.9 billion, down from this week’s revised total of $5.0 billion, according to updated data from Thomson Reuters.