Finance

The union rank and file must OK the agreement as a budget deadline nears.

Top-rated municipal bonds were stronger at mid-session, according to traders, who were looking ahead to Tuesday when the first of the week’s new issues head into the market.

Municipal bond traders are looking to see an average sized new issue slate price into the market this week as they eye yields which have been little changed as of late.

Florida’s utilities expect to take on more debt to develop alternative water sources, Fitch Ratings says.

Although the volume for the primary market will fall toward a more normal level, demand isn't expected to waver.

Rutgers University's outlook was revised to stable from negative by Moody’s Investors Service.

Top-shelf municipal bonds were flat at midday as traders take a break from the primary on Friday to look ahead to next week’s new issue slate. an estimated $6.82 billion.

Municipal bond traders are taking a break from the primary on Friday to go through the long list of deals that priced this week and put them into their order books.

In the week ended June 22, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 4.04% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Top-rated municipals bonds finished mixed on Thursday, traders said, as several big deals from California issuers were closing out the week’s new issue slate.

Gov. Charlie Baker wants Massachusetts to provide up to $500 million over five years for life sciences.

Connecticut Gov. Dannel Malloy is developing a plan to operate state government should a budget not materialize.

Top-rated municipals bonds were mixed at mid-session, traders said, as several big deals from California issuers were closing out the week’s new issue slate.

Most Alaska bonds will still be paid in the event of a government shutdown, its debt manager said.

UBS Wealth Management announced its newest addition to its growing public finance business, as Angela Schmidt will come aboard after 19 years at JP Morgan.

Municipal bond traders are waiting for the last of the large deals to price on Thursday as the second busiest week of the year heads to a close.

The long-awaited American Dream bond deal for the megamall project in the New Jersey Meadowlands came to market on Wednesday. Municipas finished unchanged, according to traders.

The long-awaited bond deal for the American Dream mall project in New Jersey came to market on Wednesday and the New York City Transitional Finance Authority’s offering was priced for institutional investors. In secondary activity, municipal bonds were unchanged at mid-session.

Municipal bond traders are girding for more volume on Wednesday, with the institutional pricing of the New York City Transitional Finance Authority deal leading the pack.

Municipal bonds ended steady on Tuesday as billions of dollars in new supply hit traders' screens, led by competitive bond deals from the states of Georgia and Massachusetts and Chicago's O'Hare airport.