Markets

The new-issue market came alive with two high-grade competitive loans and the speculative-grade Pacific territory pricing bonds to strong demand.

The American Infrastructure Bonds Act of 2021 would create a new series of direct-pay bonds that, unlike BABs, would be exempt from federal budget sequester cuts.

The state's high court justices could resolve legal questions raised in a lawsuit that argues `$14 billion of outstanding GOs are invalid.

Reported savings from advance refundings make great headlines, but they come with a concealed opportunity cost: waiting with refunding until the call date is likely to be considerably more beneficial.

Price indexes in the latest New York manufacturing survey came in higher than expected, furthering inflation concerns.

Colorado lawmakers are working on a $5 billion funding proposal for transportation; this week's $500 million debt issue targets immediate needs.

Three upgrades in two days and four in six weeks mark the state's first bond-rating upgrades in 20 years.

After facing outside economic data pressures and rising U.S. Treasuries, municipals ended the week on solid footing ahead of a larger calendar with newly upgraded Connecticut leading with $1 billion of exempt and taxable GOs.

Fitch Ratings, S&P Global Ratings and Kroll Bond Rating Agency all upgraded the Constitution State ahead of a $1 billion taxable and tax-exempt transaction set for Wednesday.

Proposed remedies were as varied as the candidates themselves as eight leading Democratic candidates jousted in a live televised debate.