Markets

Michigan is selling $884 million of tobacco bonds that will refund prior issues.

Municipals weakened on Tuesday, with yields off by as much as three basis points.

The U.S. Supreme Court denied Indian River County, Florida's request for a writ of certiorari, leaving Brightline's bond financing intact.

St. Louis heads into the market next week for a piece of its expansion financing while Indianapolis' project could receive final approval this week

After COVID-19 left NYC with a ratings downgrade, the city offered retail investors first crack at its $1 billion GO deal. The San Francisco Public Utilities Commission will be the first issuer to publicly list on an international exchange in an attempt to lure foreign investors.

With its credit ratings intact after the economic blow from the pandemic, Dallas will go to market with $293 million of bonds.

A Washington utility's ratings will survive Boeing's decision to move 787 production to South Carolina, but local economy may not be so lucky.

There are plenty of taxable deals on the upcoming week’s new-issue calendar while several large deals from issuers in New York will be in the spotlight after Moody's downgrades.

Georgia's MEAG Power, Jacksonville, Florida, and its utility, JEA, received two-notch rating boosts from Moody’s after settling their federal lawsuit.

Moody's followed S&P in issuing a shot across the bow on coronavirus-driven threats to Illinois' ratings that are one cut away from junk.