Finance

The concerns have arisen in the weeks following a round of budget negotiations that was particularly tough for several states.

Top-quality municipal bonds were stronger at mid-session, as deals from Virginia and Georgia issuers hit the market on Wednesday.

Municipal bond traders will be seeing more deals come their way on Wednesday with competitive sales from a Virginia issuer and a negotiated deal from Georgia.

Top-rated municipal bonds finished stronger on Tuesday as the competitive arena heated up with the Dormitory Authority of the State of New York’s offering of four bond sales totaling almost $1.5 billion.

The Chicago-based investment banking firm said Tuesday it will drop its municipal sales, trading, and underwriting business.

Top-rated municipal bonds were stronger at mid-session, according to traders, as the competitive arena heated up with the Dormitory Authority of the State of New York’s offering four bond sales totaling almost $1.5 billion while the state of New Mexico brought two sales totaling over $380 million.

S&P dropped Alaska to AA amid dwindling budget reserves.

A decreased reliance on bonds to finance capital investments has created a need for more municipal market research tools, experts said.

Municipal bond traders are set to see the first of the week’s new issue hit the screens on Tuesday, led by the Dormitory Authority of the State of New York’s four competitive bond sales.

State government April income tax revenue fell 4%, in what may be an early sign of the "Trump Effect" on taxpayer behavior.

Fitch took Illinois off negative watch, while keeping a negative outlook on its BBB rating.

Municipal bonds finished mixed on Monday, traders said, as they prepared for the week’s $7.66 billion new issue calendar.

The state's Supreme Court may order state lawmakers to increase K-12 spending.

Municipal bonds were mixed at midday, traders said, as they prepared for the week’s $7.66 billion new issue calendar.

Municipal bond traders are returning to work on Monday set for the week’s $7.66 billion new issue calendar. The slate is composed of $3.99 billion of negotiated deals and $3.67 billion of competitive sales.

The primary municipal bond market will keep chugging along next week, with participants set to see more action than they did in a fast and furious past week.

Pension funding woes drove the downgrade and continued negative outlook.

Three major rating agencies have reaffirmed Norwalk, Conn.'s top-notch credit rating in advance of a $35 million bond sale next week.

Alaska, unable to agree on budget stability, is blowing through its reserves.