Markets

Neal, the most influential advocate for tax-advantaged bonds in Congress, is assured re-election because Republicans are not fielding a candidate in November.

September got off to a good start as buyers had their pick of a variety of new issues, which priced into a stable market environment.

The Fed will have to "pivot from stabilization to accommodation" during the pandemic, Fed governor says.

Price guidance was issued on California's $2.4 billion GO deal as the State of New York Mortgage Agency got ready for its first social bond issue as the ESG muni market expands.

The California Housing Finance Agency made its first use of a program that enables it to issue bonds beyond its yearly private activity bond cap.

Municipal bond volume kept rolling in August, producing the second-highest volume for the month in the past decade, marking the third consecutive month this year of greater-than $40 billion.

The refinancings will ease near-term debt service pressures as pledged tax revenue tumbles and convention center business remains halted with uncertain near-term prospects.

Rep. Richard Neal was the lead architect of the muni-friendly provisions in the Moving Forward Act which passed the House in July.

The pace of recovery will not only be fragmented, but will take a lot longer than originally thought, according to Raphael Bostic, Federal Reserve Bank of Atlanta president.

In taking advantage of historically low taxable municipal bond rates, Florida's deal should be attractive for yield-starved investors, state official says.