Markets

Issuance in Texas during 2018 was down 23% from 2017, reflecting a national slump that followed federal tax law changes that ended advance refundings.

The municipal bond market and its participants are ready for what they are hoping is a busier and better week than the last.

Consumers’ inflation expectations held for the short-term, but ticked up for three years, as respondents expect the unemployment rate to climb.

Tim Schaefer will remain California's deputy director of public finance under Fiona Ma.

Illinois and Chicago will be this week's headliners as the state comes under new leadership while the city sells the biggest municipal bond deal of the week — a $551 million offering from the Sales Tax Securitization Corp.

Guam made spending cuts and raised taxes to offset losses created by federal tax law changes passed in late 2017.

After a lackluster week, the muni market is hoping to get back on track.

Municipals were mostly stronger Friday ahead of next week’s $6.4 billion new issue calendar.

A key measure of U.S. inflation was little changed in December while falling energy prices dragged down the broader gauge.

In the week ended Jan. 10, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, inched up to 4.08% from 4.07% last week.