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The borrowing will pay for settlements with six casino properties.

The Puerto Rico Title III judge signaled she may reject a motion that would open the door to bondholders taking over the Puerto Rico Electric Power Authority.

Eugene DePasquale urged the system to pay Wall Street less and better educate its board members.

Top-rated municipal bonds were stronger at midday, traders said, as the last of this week’s new issue supply was hitting the screens.

The vote culminated a five-year effort designed to fund public improvements, notably to transit infrastructure.

Federal Reserve Bank of New York President William Dudley offered a positive outlook for the U.S. economy, job market and inflation on Thursday, saying better conditions would help support the most vulnerable Americans.

Municipal bond traders are set to see the last of this week’s new issue supply hit the screens on Thursday, with a big Florida sale leading the calendar.

Chicago Mayor Rahm Emanuel told investors the city will soon launch the new debt issuance vehicle.

Top-quality municipal bonds finished stronger on Wednesday, traders said, as a few more deals hit the marketplace.

Federal Reserve Bank of St. Louis President James Bullard said Janet Yellen’s successor should consider holding press conference after every policy meeting, if she isn’t picked for a second term at the helm of the U.S. central bank.

Tuesday's Detroit mayoral primary results mean incumbent Mike Duggan will face challenger Coleman Young II in November.

Chicago Fed President Charles Evans said it would be “reasonable” to announce the roll-off of the central bank’s balance sheet next month, while cautioning that disappointing inflation data may delay interest-rate increases as technological disruption dampens price pressures.

Year's end is the new target to launch the first segment of the Brightline train service.

Top-quality municipal bonds were stronger at midday, traders said, as the market was seeing a lull in issuance with only two major deals slated to hit the screens.

Labor market “activity increased and momentum remained high in July,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) grew to 0.51 in July from 0.36 in June, according to the Bank.

After a hectic day on Tuesday, the municipal bond market will see a lull in issuance with only two major deals slated to hit the screens on Wednesday.

The judge in the Puerto Rico Title III bankruptcy cases is scheduled to weigh motions by Puerto Rico Electric Power Authority and Puerto Rico Sales Tax Finance Corp. (COFINA) bondholders at a hearing Wednesday.

Top-rated municipal bonds finished mixed on Tuesday, traders said, as a New York City issuer sold over $1.5 billion in six competitive offerings.

Funding requirements will "escalate significantly" in coming years, Moody's said.

Market participants are unsure what the Municipal Securities Rulemaking Board is after.