Finance

Top-quality municipal bonds ended weaker on Tuesday, according to traders, as the first of the week’s new supply lit up their screens, led by a big DASNY deal.

R. Seelaus & Co. said Quentin Murray would join the firm as head of sales and trading after spending the past four years at Stifel Nicholas.

Top-quality municipal bonds were weaker at midday, according to traders, who were seeing the first of the week’s new supply light up their screens, led by the big DASNY deal.

Maine State Treasurer Terry Hayes addresses recent disputes with Maine Gov. Paul LePage over bond sales and her upcoming campaign for governor in 2018. Hosted by Andrew Coen.

Connecticut's governor asked lawmakers to consider a “mini-budget” should the state miss Friday's deadline.

Municipal bond traders are prepped for the week’s new supply to light up their screens on Tuesday, with the retail pricing of the big New York Dormitory deal on tap.

National Public Finance Guarantee's ability to write new business is in question after a downgrade to A, three notches below competitors Assured Guaranty and Build America Mutual, which were both affirmed at AA.

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

S&P Global Ratings said it lowered its financial strength rating on National Public Finance Guarantee Corp. (National) to A from AA-minus and its long-term counterparty credit rating on MBIA Inc. to BBB from A-minus.

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.