Organization Root Tag

Retail and institutional municipal bond investors hope volume of nearly $9 billion is a sign of consistent elevated weekly volume for the remainder of the year.

The PREPA bondholder group’s consultant estimated it will cost less than $1 billion to repair the power grid, compared with initial reports of about $5 billion.

With nearly $9 billion in volume, thanks to a large refunding deal, market participants expect issuance will remain strong as issuers try to beat tax reform.

William C. Dudley, Federal Reserve Bank of New York president and chief executive officer, intends to retire in mid-2018 “to ensure that a successor is in place well before the end of his term,” the Fed said in a statement Monday.

Federal Reserve Bank of New York President William Dudley is close to announcing his retirement, according to CNBC.

Many industry observers believe Federal Reserve Board Janet Yellen will retire from the central bank once her term as chair expires in February. But there are reasons she might stay.

Refundings on the calendar for the week ahead spurred speculation that issuers may rush deals to market before they are banned by the GOP tax plan.

Undoing the floating net asset value requirement for money market funds would give municipalities more flexibility, GFOA testifies.

A court ruling offers some financial relief to the distressed gambling hub, according to Moody’s Investors Service.

Amid East Coast transit systems' overcrowding and strained capital budgets, advocates tout ferries as low-cost alternatives.

Top-shelf municipal bonds were stronger on Friday around midday, as market participants were still going over the details of the GOP tax reform bill.

President Donald Trump’s top economic adviser said the administration won’t wait long before selecting a No. 2 official at the Federal Reserve.

The municipal bond market is still chewing over the details of the GOP tax reform bill, and considering its implications.

When it comes to winning over traders in the $14.2 trillion Treasuries market, Jerome Powell has it relatively easy.

Mayor Jim Kenney wants local control returned to the city’s junk-rated school district, which would come at a cost.

Strong legal and structural protections earned the debt top grades from Kroll and Fitch. S&P wasn't as bullish.

The bond markets will not have a huge reaction to the nomination of Governor Jerome Powell as chair as of Federal Reserve Board, seeing it as a continuation of the monetary policies of Janet Yellen and Ben Bernanke before her.

The university has overspent by $25 million annually for four years, its president says.

Initial claims U.S. state unemployment benefits fell by 5,000 to 229,000 in the October 28 week, well below the 235,000 level expected.

A handful of issuers took advantage of low activity Wednesday as the market anticipated the decision to keep the benchmark fed funds rate unchanged.