Finance

While the mood remained tentative on the last day of the week, the municipal market looks forward to the upcoming $7.5 billion of new supply headed its way.

Municipal bonds held firm Thursday as one trader urged buyers to find opportunities by using an old basketball offensive philosophy.

New money sales made up for a drop in refundings, pushing the region past $95 billion of volume.

Municipal bonds were trading firmer Thursday as the last of the week's big deals came to market.

The 29% tax exposure rate is up for a readjustment because the new tax bill slashed the corporate tax rate to 21% from 35% and also lowered individual tax rates.

Municipal bond buyers welcomed several big deals on Wednesday as demand outpaced new bond supply.

The light month for long-term municipal bond volume is another ripple effect of the new tax law and the issuance rush leading up to its enactment.

Playing a waiting game on Wednesday, portfolio managers were looking for volume to normalize.

The on-time and on-budget Tappan Zee Bridge replacment helped the authority land a positive rating outlook.

Federal Reserve Board Chair Jerome Powell’s testimony before Congress was perceived by some market participants as increasing the possibility of a tighter monetary policy.

South Dakota, which has no state income tax and relies on sales and use taxes for much of its revenue, will make its oral arguments to the high court on April 17.

Assured said its fourth-quarter profit fell on lower earnings from bond refunding and a one-time effect of the new tax law, even as the company's share value surged to record levels.

Fed Chair Powell's Congressional testimony failed to move municipal bond prices ahead of this week's new issue slate.

Justice Elena Kagan said a ruling in favor of Janus would overturn laws in 23 states, the District of Columbia and Puerto Rico and invalidate thousands of municipal contracts covering millions of public employees invalid.

The municipal bond market is expected to give a warm reception to variety of new issues in the smaller-than-average $4.8 billion calendar.

Four senators released a proposal to deal with the Bluegrass state’s unfunded pension obligations.

Gov. Eric Greitens faces a felony charge that could lead to impeachment proceedings.

Municipal bond volume across the eight-state Southwest region in 2017 fell 9% below its 2016 record.

The municipal market sees a lighter-than-average supply slate of $4.8 billion head their way this week.

Long-term issuance in the municipal market virtually matched its record high set in 2016, against the backdrop of tax reform that produced an end-of-year flood of volume, but the outlook for 2018 is less rosy.