Markets

The Federal Reserve continued its moves to minimize the effects of COVID-19 on the U.S. economy.

The municipal finance industry is dealing with minute-by-minute news of state-wide school closures, shuttered restaurants, curfews and canceled events. New issues are increasingly being put on the day-to-day calendar.

Muni market players may have to rely on more than their basic instincts as the economy heads into stormy weather.

The suspension of spectator sports removes two critical revenue streams for the venue in Brooklyn, according to Moody's Investors Service.

Uncertainty still abounds for the public finance space, as just before the market close, President Trump declared a national emergency. Meanwhile, states and cities across the country are closing schools, sporting events, and cutting back public transit. But Friday, at least, provided some reprieve from the five previous volatile days.

Nuveen, Friedlander, BofA offer some recommendations on COVID-19 credit and sector impact.

Consumer worries over the virus' spread dampened enthusiasm early this month.

How severe a financial hit New York City will take during the COVID-19 pandemic is as much of an unknown as the degree of virus spread.

Career veterans call fallout from COVID-19 concerns on the municipal market worse than that of 9/11 and the 2008 financial crisis combined.

The 2017 Tax Cuts and Jobs Act continues to influence the composition of the municipal bond market.