Markets

Legislation pending in both the Senate and House would eliminate private activity bond volume caps for water and sewer projects.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.01% from 4.02% the week before.

Deals from New York and Massachusetts led the new issue slate on Thursday as the last of the week’s supply came to market.

Citi's assessment is conditioned on pension obligation bonds being part of a package to tackle the city's pension liabilities.

Municipal bond market participants are seeing the last of this week’s new issues come to market on Thursday, led by issuers from New York and Massachusetts.

Muni market groups claimed victory after federal banking regulators moved to treat munis like all other types of Level 2B HQLA.

The now-defunct unregistered broker-dealer Core Performance Management, LLC, and four of its former employees settled fraud and MSRB rule violations with the SEC for engaging in municipal bond flipping and kickback scheme.

With all the wrongdoing by powerful players in the public and private sectors, it appears very likely that these players may owe lots of money to bondholders.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slightly weaker activity in August.

U.S. purchases of new homes unexpectedly dipped to the weakest pace in nine months.