Markets

The market had no trouble absorbing Texas Water's $877 million and a $1 billion deal from New Jersey Transportation Trust.

Budget pressuresled Fitch Ratings to downgrade New York's second-largest city to A-plus from AA-minus.

The judges appeared to reject the separate argument that passenger rail projects constitute an ineligible use of the PABs which are meant for highway use.

This month's plunge in consumer confidence signals that the economy is losing steam.

Moody's action followed Fitch putting the authority on ratings watch negative on Friday.

More than 300 market participants, including 100 investors, attended the city's annual conference Friday to hear from Mayor Lori Lightfoot.

Municipal bond supply will keep on keeping on this week, continuing a boom that started August.

The U.S. economy is growing slower than it has in the past couple of years, and conditions may get worse in the next few quarters, according to Federal Reserve Bank of St. Louis President James Bullard.

Fiona Ma will give the keynote at the Bond Buyer's California Public Finance conference. Elsewhere, the market is gearing up for another interesting slate.

The Connecticut Housing Finance Authority will price the housing mortgage finance program bonds through negotiation.