Markets

The municipal bond market saw the largest Garvee bond deal so far hit the screens on Thursday.

Infrastructure ranked No. 2 behind only the related issue of economic development as a top priority for mayors during 153 State of the City addresses delivered this year the National League of Cities reported.

Lawsuits accusing banks and broker-dealers of fraud in the variable-rate demand obligation market helped cement the decision to use the platform.

Analysts homed in on the phrase “some time” and the absence of rate cut discussion in the minutes of the last Federal Open Market Committee meeting..

Municipal bond buyers saw a spate of large new deals hit the market on Wednesday.

Moody's dropped the central New York county to Aa3 from Aa2.

Adding $374 million alleged in New York to the three other cases also filed by Johan Rosenberg brings the total damages claimed to $1.58 billion.

A spate of new deals came to market, topped by a New York State green bond deal and an offering from the Arkansas Development Finance Authority.

Trade issues with China should end with a deal, leaving the U.S. economy mostly unscathed, the Federal Reserve Bank of Boston president said.

The ripple effects of Puerto Rico's bankruptcy may be less onerous for state special revenue credits than some investors thought.