Finance

Municipal bonds finished stronger on Wednesday as the bulk of the week’s new issue supply swept into the market.

Municipal bond volume dropped for a fourth straight month in May, falling 19.8% from a year earlier as new money deals failed to take up the slack from a plunge in refundings.

Wayne County, Michigan hopes to parlay positive credit news into savings on an upcoming jail project issue.

New Jersey Economic Development Authority cigarette tax bonds were revised to negative by S&P Global Ratings.

An 11-year decrease in Kentucky's workforce upended a key formula underpinning its pension system.

Municipal bonds were stronger at mid-session as the first of the week’s new issue supply swept into the market.

Hartford, Conn.’s Ba2 rating is under review for a downgrade, said Moody's Investors Service.

New York's mayor and comptroller will vote to bar the city from entering into new contracts with Wells Fargo.

Municipal bond traders are anxiously waiting the week’s first wave of issuance.

Prospects are bleak for a breakthrough on Illinois’ two-year-old state budget stalemate.

Municipal bonds finished the day stronger on Tuesday, as traders prepared for the first big wave of issuance to hit on Wednesday.

A court heard Scranton's arguments against a lawsuit challenging an increase to the local services tax.

Chicago's departing budget chief says budget gains will help the city resolve its pension problems.

Municipal bonds were stronger at mid-session as traders looking to a holiday-lite new issue slate.

The Bond Buyer presents a special Memorial Day podcast with three U.S. military veterans who are now working in munis. Matthew Murawski of Drexel Hamilton, Steve Kay of Academy Securities, and Jonathan Herrick of Mischler Financial Group talk about their lives and careers, their introduction into the world of public finance and their advice for service men and women looking to enter municipal finance field. Hosted by Chip Barnett.

Municipal bond traders are returning to work on Tuesday and will be looking at a holiday-lite new issue slate while eyeing declining bond yields. Markets were closed early on Friday and were closed all day Monday for the Memorial Day holiday.

Municipal supply is set to drop to less than $5 billion after the long weekend as the market struggles with a lack of supply.

Moody's Investors Service places Mercy Hospital's (IA) Baa2 rating under review for downgrade, affecting approximately $74 million of rated debt.

Municipal bonds were stronger on Friday as the market looks ahead to next week’s holiday-lite new issue slate. Secondary trading will end early ahead of the long holiday weekend.

Municipal bonds finished narrowly mixed on Thursday as traders began winding up business for the week. There were no major bond sales pricing in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.