Northeast

After a busy week, and some clarity on tax reform, market participants are gearing up for the biggest volume week in some time, as issuers are getting advance refundings in while they still can.

Traders saw "a major flip in psychology of the market" as moves to bar private activity bonds and advance refundings met some resistance.

A state fiscal monitoring board will consider for the first time in its 17-year history imposing spending cuts to the county’s budget.

The year-end deadlines built into the GOP tax bills guarantee long hours in December for those putting together deals before Jan. 1.

Billions of dollars of new paper hit on the market on Thursday, as yields began moving down for the first time this week.

In its third and final meeting of the year, the State Bond Commission on Wednesday approved capital projects totaling about $1.2 billion, including $500 million for school construction projects throughout Connecticut.

The state’s Bond Commission on Wednesday approved $4.01 million in funding the Connecticut Port Authority had requested for harbor improvements.

The Regional Plan Association recommends congestion pricing, infrastructure banks, public benefit corporations, a regional rail system and an end to 24-hour New York subway service.

This busy week will end with a bang, as four of the five largest deals are set to price on Thursday.

The bonds for Florida’s Brightline train project are rated BB-minus by Fitch.