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Municipal bonds ended the week unchanged for the sixth consecutive trading session as inflows surged as more than $7 billion is headed to market next week.

Funding would be offered, perhaps for pensions, in exchange for a debt restructuring.

Dallas Fed President Robert Kaplan said he’s open to adjusting his view that the Federal Reserve should start tapering its asset-purchase program sooner rather than later if the Delta variant persists and hurts economic progress.

State officials who support the high-speed project are tracking discussions around the “social infrastructure” package for anything rail-related they can tap.

An influx of investment into high-yield munis has created challenges for fund managers forced to compete against each other to get in on new bond offerings.

The governor and the legislature are at odds on how to make the increases, which could affect more than half of the workforce.

The authority succeeded in selling unrated bonds to take out CCC-rated bonds.

Porter Bingham stands accused of stealing $33,000 from the city of Rolling Fork, Mississippi.

The underestimate came as the board was concerned about the impact of COVID-19 on the island's economy.

As New York City launched the first of its two-day retail order period on $1.039 billion of GO bonds, the market was uneventful ahead of $9.76 billion in the primary market this week

The Federal Reserve told a judge not to scrap Libor as requested by consumers in a lawsuit because it would pose a risk to financial stability and undermine years of global planning for a transition to a new benchmark for borrowing rates.

The short end of the muni market saw trading of larger blocks at or below benchmarks but yield curves were little changed on a summer Friday.

Separately, Atlanta Fed President Raphael Bostic said the FOMC wouldn't raise rates in response to a “hot” labor market, out of fear over subsequent inflation.

Refinitiv Lipper reported $1.87 billion inflows. A solid demand component for the market, but some suggest the move into bonds from equities is more an asset reallocation than investors keen on fixed income.

The announcement came after the municipal advisors trade group said it had received a report of COVID-19 exposure at a testing site.

Refinancing savings and federal relief will fill Chicago's $1 billion 2021 hole while the city ponders how to erase a $733 million gap next year as its budget takes shape.

The increasing influence of institutional market participants is even stronger in the taxable muni sector, a Municipal Securities Rulemaking Board report finds.

The $1.4 billion seaport revenue refunding bond deal Wells Fargo will price next week will be the largest port transaction since the COVID-19 pandemic began.

At stake, from SIFMA's perspective, is the potential of the SEC to revive the exemption in the future.

Kathy Hochul, a 62-year-old Buffalo native, will become the state’s first female governor. The former congresswoman has been lieutenant governor since 2015.