Federal Reserve Board Chair Janet Yellen said the Federal Open Market Committee expects the fed funds rate to be increased gradually "over the next few years."
Despite discussing reinvestment policy, no decision was made.
Inflation and heavy supply have finally worn on muni yields after a week of stability.
The Bond Buyer will honor a fifth class of inductees into its Hall of Fame of municipal finance, alongside its 11th annual class of Rising Stars, at the close of its Infrastructure event in Chicago on September 15.
Kevin Warsh's nomination to the Federal Reserve chairmanship will require a second vote, which should happen this week.
The Texas city, which has been hit with rating downgrades due to a looming water supply crisis, plans to sell up to $728 million of bonds.
The collapse of Sprit Airlines spills into the South Jersey Transportation Authority as Fitch Ratings places its revenue bonds onto a negative watch status.
The constitutionality of a state law that threatens outstanding bonds issued for a detention facility is being challenged by the U.S. Department of Justice.