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The 1.2-percentage point reduction will amount to $12,000 in saving on a $1 million tax settlement.

Municipals turned weaker on Monday as traders prepared their strategies ahead of the week’s issuance.

S&P Global Ratings boosted Michigan's general obligation bonds to AA from AA-minus.

Rural governments continue to lose economic ground, according to a Moody's Investors Service report.

The Municipal Securities Rulemaking Board named Gary Hall as its next chair and Edward Sisk to become vice chair. It also temporarily cut fees to reduce excess reserves by $2.6 million.

Redemption demand should continue to surface this week even with the arrival of new issuance, municipal sources said.

It’s a big week for Puerto Rico with court action taking place on the island and Congressional hearings being held in D.C.

The Chicago Fed National Activity Index for June reversed to positive 0.43 from a downwardly revised negative 0.45 in May.

The audit could be part of an ongoing initiative by the IRS to examine refunding bonds, said a lawyer.

New York issues again dominate as the bond calendar dips to $5.3 billion in the new week.

Moody's revised the outlook on $3 billion of Chicago parks, water and sewer bonds to stable.

June's unemployment rate was the lowest monthly rate since at least 1975.

More than 100,000 residents are enrolled in the 529 program.

Municipal bond volume will dip to a more average 2018 level next week.

MSRB is seeking comments on a revised set of potential draft amendments to its rules on primary offering practices and related disclosures that it says would benefit the market for relatively limited costs to participants.

The Federal Open Market Committee needs to be cautious on monetary policy or the yield curve could invert, Federal Reserve Bank of St. Louis President James Bullard said.

Illinois' Baa3 rating remains one notch above junk, but the outlook is now stable, up from negative.

A motion for summary judgment by Indian River and Martin counties contends that the privately owned project isn’t eligible to use the private activity bonds.

Tuesday’s House hearing will be chaired by Rep. Bob Goodlatte, R-Va., who was a steadfast supporter of the previous standard under which a remote seller had to have a physical presence in a state in order to be required to collect sales taxes.

New issues were well spoken for on Thursday as hungry investors with available cash participated in the largest deals of the week.