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The short-term Municipal Liquidity Facility does not meet the city's needs, the mayor said while repeating his call for borrowing authority from New York State.

The Florida State Board of Administration Finance Corp. deal was upsized by $1 billion on a day that gave muni buyers a wide variety of paper to choose from.

Although there was moderate growth of activity in the economy, continued volatility and uncertainty gives some cause for concern about the overall outlook.

The paper filing requirement for Form 8038-CP was a particular problem early in the pandemic because IRS paper processing centers were shut down from mid-March until sometime in June.

Briefs from the U.S. Department of Transportation and the passenger railroad argue that private activity bonds for the Florida project were allocated correctly.

September got off to a good start as buyers had their pick of a variety of new issues, which priced into a stable market environment.

A drop in fuel consumption prompted New Jersey to raise its gas tax, above the levels of New York, whose residents took advantage of lower prices and filled up before exiting the state when driving through.

The Fed will have to "pivot from stabilization to accommodation" during the pandemic, Fed governor says.

Chicago Mayor Lori Lightfoot's administration is weighing more debt refinancing, layoffs and tax hikes to fully close the budget gap

Price guidance was issued on California's $2.4 billion GO deal as the State of New York Mortgage Agency got ready for its first social bond issue as the ESG muni market expands.

Municipal bond volume kept rolling in August, producing the second-highest volume for the month in the past decade, marking the third consecutive month this year of greater-than $40 billion.

The pace of recovery will not only be fragmented, but will take a lot longer than originally thought, according to Raphael Bostic, Federal Reserve Bank of Atlanta president.

Federal Reserve Vice Chair Richard Clarida left open the possibility of employing Treasury yield caps at some point in the future, though he indicated it’s not likely now and reiterated the central bank’s rejection of negative interest rates.

There isn’t any urgency for the Federal Reserve to offer more clarity on how long it will hold interest rates near zero at the moment because investors already understand the central bank won’t be tightening for a while, Minneapolis Fed President Neel Kashkari said.

In taking advantage of historically low taxable municipal bond rates, Florida's deal should be attractive for yield-starved investors, state official says.

Municipals were weaker on Friday, with yields on the long end finishing out the day up one basis point. Since Aug. 12, when the muni market correction began and yields moved off record low levels, the yield on 10-year muni has risen by 23 basis points while the 30-year yield is up 29 basis points, according to Refinitiv MMD.

Federal Reserve Board Chair Jerome Powell announced the group's new policy framework, but didn't explain why it would work.

Firefighters are waging battle against an estimated 7,000 fires of varying sizes throughout the state; nearly 1.5 million acres have burned.

Street space has become the new battlegrounds as municipalities, with fewer resources, look to reimagine themselves.

The Federal Reserve has already given enough guidance about the likely path of interest rates at this juncture and doesn’t need to offer more, Dallas Fed President Robert Kaplan said.