Northeast

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.

A 16-year-old bond case reemerged to play a central role in Republican efforts to halt Gov. Phil Murphy’s $9.9 billion borrowing plan.

With prospects of federal aid waning, an $8 billion revenue gap will leave the the state government and Gov. Andrew Cuomo few attractive options.

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.

Te legislation, headed for Gov. Tom Wolf's desk, is a response to a court ruling that Scranton exceeded limits under state law from 2015 to 2017.

Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.

Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.

Nassau County Executive Laura Curran's plan to offset a coronavirus-related deficit faces stiff opposition from the Republican-controlled legislature.

The week ahead will see a variety of muni bond issues — from down South to up North, from green bonds to social bonds. Taxables are well represented.