Markets

Two Federal Reserve Bank presidents discussed how trade policy is effecting the economy; neither seemed ready to cut interest rates.

The Connecticut Housing Finance Authority became the first housing entity to use the Secured Overnight Financing Rate when it issued $100 million of variable-rate bonds.

Iowa's PEFA gas deal and North Carolina GARVEEs lead the way.

The positive side is the bipartisan legislation for reinstatement introduced by 10 House lawmakers last week has a high possibility of being included in any infrastructure legislation that passes that chamber.

GFOA members said they were taken aback and in some cases upset about the tone of the National Federation of Municipal Analysts' letter to regulators.

With Memorial Day and the unofficial start to the summer approaching, the municipal bond market continues to dance to the same old song.

The orchestra received a first-time A rating from S&P Global Ratings ahead of its bond sale next week.

Municipal bond industry groups have been clamoring for advance refundings to be reintroduced as well as an expansion of PABs and direct-pay bonds.

During the Great Recession, interest rates hit zero lower bound, which caused the Fed to make unprecedented moves, or quantitative easing, to spur the economy.

Allen Park's competitive bond sale came after the city's general obligation rating was raised to A-plus from BBB-plus by S&P Global Ratings.