Commonwealth of Massachusetts

The situation could deteriorate because of an aging workforce and modest population growth, according to Moody's.

The municipal market and its participants were peppered with deals during what will go down as the week’s busiest day.

Municipal bond buyers had billions of new paper flow into the primary market - which took it all down but overall the market was weaker for the second day in a row as Treasury yields continue to climb.

Municipal bonds finished weaker on Monday ahead of a what will be an busy Tuesday with a few billion of new issuance hitting the market.

With tax season in the rear view mirror, supply is set to rise to $7.8 billion as demand rebounds.

The commonwealth plans a competitive sale for the $500 million in fixed-rate, tax-exempt new-money general obligation bonds.

Next week's $7.8 billion new issue slate features airport and water deals coming from New York and Texas issuers.

Municipal bond volume evaporated in January, as the market felt the aftereffect of federal tax legislation that pulled issuance forward into 2017.

Gov. Charlie Baker's group will examine changes in technology, climate and demographics.

The municipal bond market will see $3.35 billion of new deals hit the screens next in a holiday-shortened week. Ipreo estimates weekly volume at $3.35 billion, up from $3.12 billion this week.