Finance

The equilibrium real interest rate is just above zero, Federal Reserve Bank of San Francisco researchers wrote in an Economic Letter released Monday.

Municipal bonds were unchanged at mid-session as traders gear up for this week’s above average slate of new issues.

Municipal bonds were unchanged in early activity as the the market gets set to see an above average slate of issues hit the screens this week.

The primary market is set to heat up next week, as buyers will be chomping at the bit for what is expected to be the second highest volume total of the year.

A feud over tax relief between Minnesota Gov. Mark Dayton and the GOP may hurt a bond rating.

Municipal bonds were unchanged at midday ahead of next week’s above-average new issue calendar. Ipreo estimates volume for next week at $11.78 billion, up from a revised total of $3.47 billion sold this week, according to updated data from Thomson Reuters.

Pennsylvania's new pension legislation does nothing to solve its budget deficit.

Municipal bonds were unchanged in early activity ahead of next week’s above-average new issue calendar. Ipreo estimates volume for next week at $11.78 billion, up from a revised total of $3.47 billion sold this week, according to updated data from Thomson Reuters.

A special session of the Illinois General Assembly will begin June 21.

S&P Global Ratings has placed its 'AA+' rating on the State of Minnesota's general obligation debt on CreditWatch with negative implications

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices rose one basis point to 4.04% from the previous week's 4.03%.

Top-quality municipal bonds finished weaker on Thursday as the last of the week’s larger sales came to market in the primary sector, led by deals from issuers on Mississippi and Hawaii.

Hudson Yards Infrastructure Corp. requires an additional $96 million, according to the New York City Independent Budget Office.

Los Angeles will price the first bonds from a measure voters approved to house homeless people.

Top-quality municipal bonds were weaker at mid-session as the last of the week’s larger sales came to market in the primary sector.

Municipal bond traders will be waiting to see some supply hit the screens on Thursday, a day after the primary market was sidelined by the Federal Reserve’s monetary policy meeting.

Moody's Investors Service said it upgraded Indiana University Health's (IU Health) ratings to Aa2 from Aa3, affecting approximately $1 billion in debt.

The Port of Oakland has earned an upgrade from Moody's Investors Service.

Michigan's attorney general announced more felony charges in the Flint water contamination crisis.

The American Dream development in New Jersey, which broke ground in 2004, will have to wait a bit longer for financing as a $1.1 billion sale of unrated tax-exempt bonds to complete the project was delayed.