Markets

Public facilities and electric power were the sectors with the biggest declines.

Short-term notes rose 17.9% in the first half of 2019 based on low rates, high demand, flatter yield curve and a backlog of projects.

After a wild and crazy week that saw the yield curve invert for the first time in 12 years, recession talk, and record lows for muni yields — there was a much calmer tone on Friday.

Fitch Ratings upgraded California general obligation bonds to AA from AA-minus, the state's first upgrade in three years.

Lori Lightfoot's Aug. 29 speech comes one month ahead of the city's annual investors' conference.

Municipal bond issuers in the Northeast sold $44.9 billion of municipal bonds in the first half of 2019, down 7% compared to the first half of 2018.

The debate over yield curve inversion continued, as a summer Friday yielded little economic data, but the market waits to parse the minutes of the most recent Federal Open Market Committee and then eyes will turn to the Federal Reserve Bank of Kansas City’s annual Jackson Hole retreat.

The $450 million in bond-financed improvements are part of negotiations to extend the contract of the NFL's New Orleans Saints.

The municipal bond market took a breather on Thursday as the last of the week’s larger deals came and went.

The plan to cover shortfalls for the city's new arena with bonds of $45 million and more bonds for the parking garage at Plant Riverside are on the city's agenda for first readings Thursday, Aug. 15.