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Illinois came to market on Wednesday with over $900 million of bonds while Texas sold a massive note deal in the competitive arena.

The commonwealth also intends to offer $765 million of GO bonds and $160 million of Clean Water Trust bonds.

Two of three sales in Connecticut’s recent bond offering set record retail orders, said state Treasurer Denise Nappier, while spreads continued to drop.

Municipal bond buyers saw some new offerings come to market on Tuesday, led by a Denver city and county deal.

The measure, which may be on the ballot in 2020, would lift the Proposition 13 limit on commercial property tax assessments.

The report aims to answer how the debt problem developed and to make recommendations to prevent such a problem from ever arising again in Puerto Rico.

As the dust settles on the SEC's 15c2-12 announcement, questions loom about how difficult it will be to implement.

Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.

Municipal bonds were firm and little changed on Tuesday as new issue supply started to price.

The Federal Open Market Committee will have to raise the fed funds target rate three or four times to hit neutral rate.

The region's services sector “continued to expand” but at a slightly slower pace in August.

Federal Reserve Bank of Atlanta President Raphael Bostic said he would not vote for a hike that would cause the Treasury yield curve to invert.

Judge Laura Taylor Swain sided with the retired employees, saying the bondholders' security interest was not properly perfected.

One of Baird's new bankers expands its presence in the Chicago region.

Trading was muted after last week’s bounty of bond sales, as the market looked ahead to this week’s larger deals, including a $920 million Illinois financing.

A typical quiet summer Monday unfolded, with trading activity muted as the market reflected on last week’s bountiful volume and looked ahead with anticipation to some this week’s larger deals, including the $920 million Illinois financing, muni traders said.

The final rules will focus on debt obligations on a similar level as bonds, an effort to respond to comments that the first proposal was too broad.

President Donald Trump said he expected Jerome Powell to be a cheap-money Fed chairman.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.