Finance

Key Texas lawmakers agreed on a formula to extend the Dallas police and fire pension fund’s life.

Municipal bonds were trading stronger at mid-session as the Hudson Yards deal was being offered to retail buyers for a second day. The market is waiting for this week’s $7.02 billion new issue calendar to get underway in earnest on Tuesday.

More retail orders will be taken on Monday for the big Hudson Yards deal while municipal bond traders will be watching yields. The market will waiting on the new issue calendar, which is estimated at $7.02 billion.

Municipal volume will remain near recent levels the week before the Memorial Day holiday, supported by rising investor demand and a continuing bond rally, market participants said.

Chicago Public Schools will borrow against delayed state grants to finish the school year.

Hudson Yards Infrastructure Corp., the developer of a 45 block area on Manhattan's west side, won a two-notch upgrade from S&P Global Ratings.

Tim Sullivan will become research director at the Citizens Budget Commission in New York.

Goldman Sachs opened the first of a two-day retail order period for the Hudson Yards Infrastructure Corp., N.Y.’s $2.15 billion tax-exempt deal as municipal bonds were unchanged ahead of next week's $7.02 billion calendar.

University of Connecticut bonds are on Moody's review for downgrade.

The municipal bond market on Friday will be looking ahead to next week’s new issue calendar as participants eye falling bond yields. The largest deal of the upcoming week is from the Hudson Yards Infrastructure Corp. will offer $2.19 billion of second indenture revenue bonds.

Bonds for Northern Illinois University student housing were sent to junk over occupancy struggles.

Municipal bonds finished stronger on Thursday as the last of this week’s larger new issue deals hit traders' screens.

New Jersey lawmakers sued, challenging the private placement of debt for the State House renovation.

Connecticut's governor and lawmakers are trying to patch a projected $5 billion deficit.

Municipal bonds were trading stronger at mid-session as the last of this week’s larger new issue deals hit traders' screens.

Bankruptcies and defaults have taught the market that General Obligation bonds, once the bedrock credits, aren't all the same.

Municipal bond traders will be eyeing falling yields on Thursday as the market prepares for the last of this week’s larger new issue deals.

Municipal bonds rallied along with Treasuries on Monday as stocks swooned on growing political unrest in Washington and the District of Columbia sold over $550 million of general obligation bonds.

S&P joined Moody's and Fitch in downgrading Connecticut.

Municipal bonds were substantially stronger along with Treasuries as stock swooned on growing political unrest in Washington, D.C. Meanwhile, the District of Columbia hit the primary market with over $500 million of general obligation bonds.