Organization Root Tag

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

New York and Illinois deals top Tuesday’s new issue slate as municipal bond traders get ready to gobble up some deals in the primary.

President Donald Trump is seeking a qualified candidate and not necessarily a Ph.D. economist to serve as Federal Reserve chairman nominee Jerome Powell’s vice-chair.

The Federal Reserve does not need to raise the federal funds rate target, as inflation has failed to reach 2%, Federal Reserve Bank of St. Louis President James Bullard said Tuesday.

Federal Reserve Chair nominee Jerome Powell has likened central bank communication to a popular Far Side cartoon: A man chides his dog Ginger about rooting through the trash, but all the dog hears is “Blah, blah, Ginger, blah, blah blah.”

Central bank communications are actually quite simple, but not as simple as U.S. presidential debates, according to Federal Reserve Bank of Chicago President Charles Evans.

Developments on the tax reform front were not far from municipal bond traders' minds as they saw the first of the week’s new issues hit the screens on Monday.

The SEC's Office of Compliance Inspections and Examinations found municipal advisors had trouble meeting registration, books and records and supervisory requirements.

With a record $12 billion of bond proposals on ballots across Texas, voters approved more than 91%, according to the Texas Comptroller's Office

Title III bankruptcy Judge Laura Taylor Swain ruled that the Puerto Rico Oversight Board didn’t have the power to replace the leader of the Puerto Rico Electric Power Authority.

Estimated total bond volume for the week is $9.897 billion, which consists of $6.644 billion of negotiated deals and $3.253 billion of competitive sales.

New York's MTA is pouring its capital into projects that don't reflect population growth, says a Manhattan Institute report.

Consumers’ inflation expectations held for three-year, but rose for the one-year horizon.

Economists in the latest Philadelphia Federal Reserve Bank's quarterly survey marked up their forecasts for growth this year and next but said they expect inflation toward the Fed's 2% target to slow going forward.

Municipal bond traders will see a chunky new issue calendar this week as the market’s focus will be on Washington, where Congress will continue to work on tax reform legislation.

With little slack in the labor market, “inflation is likely to reassert itself at some point, so increasing the fed funds target rate “makes sense,” Federal Reserve Bank of Philadelphia President Patrick Harker said Sunday.

The Title III Puerto Rico bankruptcy judge will hear arguments Monday on the Puerto Rico Oversight Board’s motion to replace the Puerto Rico Electric Power Authority’s leader.

The municipal market will get another healthy dose of issuance in the final full week before Thanksgiving. The calendar is chock full of deals from Illinois, as all issuers look to price bonds before the tax laws change.

Chicago's Board of Education is pricing more than $900 million, citing positive rating actions and a better balance sheet.

Municipal bonds were markedly weaker at midday as market participants remain fixated on the newly released Senate tax reform proposal and how it compares with the House version.