Midwest

Gov. Rick Snyder delivered his eighth and final State of the State speech.

Technology has changed the muni market, but a complete restructuring of how bonds come to market is expected by analysts.

Municipal and Treasury bonds weakened as stocks surged to record highs in early trading.

The Sales Tax Securitization Corp.’s second offering faced a tougher market environment.

Several market participants said it’s hard to take such a proposal seriously.

The state will still review proposed and amended budgets, requests to issue debt and proposed collective bargaining agreements.

Underwriters reportedly offered spreads to the Municipal Market Data’s AAA benchmark scale of 55 basis points on serials ranging from 2031 to 2038.

MacKay Municipal Managers has released its list of the top five trends to watch for in the municipal market this year.

State agencies are also holding $2.3 billion of bills that can’t be paid until lawmakers approve appropriations, the state comptroller said.

A pre-marketing wire on the Sales Tax Securitization Corp.'s $366.2 million of tax-exempts indicates the Chicago deal may see wider spreads than in its bond sale last month.