Finance

Municipal bond traders are awaiting the start of this week's new issue sales.

Pennsylvania Gov. Tom Wolf signed a pension overhaul compromise bill.

Illinois’ swap providers agreed to lower termination triggers, the governor's office said.

Top-rated municipal bonds ended weaker on Monday even as traders anticipated demand for the week’s new issue slate.

Only two of Illinois' nine public universities retain a Moody's investment-grade rating after new downgrades.

California revenues beat state budget projections in May.

Chicago’s chief financial officer says bankruptcy isn’t on the table for Chicago Public Schools.

S&P Global Ratings said it raised its long-term rating on the city of Los Angeles, Calif.'s outstanding general obligation bonds to AA from AA-minus.

Top-rated municipal bonds were weaker at midday as traders eagerly await the new issue slate to start rolling in.

Massachusetts’ downgrade by S&P Global Ratings affects $22 billion in GO debt.

Municipal market participants are eagerly awaiting the new issue slate to start rolling, as issuance is expected to be around the weekly average.

S&P Global Ratings has lowered its ratings on the Commonwealth of Massachusetts' approximately $22 billion of parity general obligation (GO) bonds outstanding to 'AA' from 'AA+' and its rating on Boston Housing Authority housing project bonds,

Demand for municipals in the primary market should stay strong as volume is set to remain close to the yearly per-week average.

Municipal market buyers aren't waiting for the rating agencies -- they're already trading Illinois paper at junk bond levels.

Top shelf municipal bonds were weaker at mid-session,, according to traders, who were making preparations to tackle next week's calendar. Ipreo estimates next week's volume at $6.01 billion, consisting of $4.94 billion of negotiated deals and $1.08 billion of competitive sales.

The sale of $1.1 billion of unrated bonds for New Jersey's American Dream comes amid uncertainty about the future of indoor shopping malls.

Municipal bond traders are taking a breather on Friday after a heavy slate of new issues priced this week. Traders will be eyeing market volatility which saw yields see-sawing back and forth.

Dallas and Houston are on the right path to fixing their troubled pensions, according to Moody's.

Kansas' adoption of a tax increase led Moody's to boost its outlook on the state to stable.

Top quality municipal bonds ended weaker on Thursday, according to traders, as the last big supply of the week hit the market.