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Senators urge tax regulators to clarify tax requirements for tax-exempt bonds used to refinance student loans, saying this will help reduce soaring student loan debt.

Illinois lacks a path to restructure state debt but Puerto Rico's filing heightened chatter.

The Puerto Rico Oversight Board extended the deadline for Gov. Rosselló to submit the FY2018 budget by two weeks.

Municipal bonds weakened as deals from Cuyahoga County, Wisconsin, Hawaii, the city of Los Angeles, San Francisco BART and the New York MTA hit the market on Tuesday.

New Jersey Gov. Chris Christie vetoed a bill to grant state public safety unions control over their pension investments.

New York’s Metropolitan Transportation Authority intends to return to the catastrophe bond market.

The Federal Reserve should begin shrinking its balance sheet this year and put the reductions “on autopilot,” Federal Reserve Bank of Kansas City President and CEO Esther L. George said Tuesday.

Deals from Cuyahoga County, Ohio; Wisconsin, the city of Los Angeles and the San Francisco BART hit the market in early activity on Tuesday. Municipal bond prices weakened in early trading.

The Puerto Rico Electric Power Authority said Monday it is seeking approval from the Oversight Board for its deal with its creditors that was reached outside the court supervised restructuring that's underway for other issuers in the territory.

Municipal bonds ended steady on Monday, ahead of this week’s $9.36 billion new issue calendar. This week’s slate is composed of $7.82 billion of negotiated deals and $1.54 billion of competitive sales.

The Oversight Board certified a Title III filing for the Puerto Rico Sales Tax Financing Corp., affirming that its $17.9 billion of revenue bonds will be subject to court supervised restructuring along with other territorial debt.

Municipal bonds were mixed ahead of this week’s $9.36 billion new issue calendar. This week’s slate is composed of $7.82 billion of negotiated deals and $1.54 billion of competitive sales.

Income expectations rose, but consumers expect to spend less, according to the Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Municipal bond traders will be looking forward to this week’s healthy new issue slate, topped by a variety of deals from around the country.

If the economy grows as expected, further rate hikes will be necessary, although they should be gradual, not one every Federal Open Market Committee meeting, Federal Reserve Bank of Cleveland President and CEO Loretta J. Mester said Monday.

The fed funds rate target is not far from the appropriate level, given the low natural rate of interest, Federal Reserve Bank of St. Louis President James Bullard said Monday.

The sale of Illinois' Chicago headquarters is the latest issue caught in political gridlock.

S&P dropped $244 million of bonds issued for an Indiana P3 further into junk territory.

Puerto Rico Gov. Ricardo Rosselló and his financial advisors are insisting that the Title III judge cannot review the amount of debt that Puerto Rico will pay in the next ten years.

Municipal market volume is set to rise to a nine week high, as issuers tap into growing demand for the securities.