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The Long Island Rail Road is still working out alternatives to Penn Station construction this summer.
July 6
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Top shelf municipal bonds were unchanged at mid-session as traders prepared for next week’s almost non-existent new issue calendar. Ipreo estimates volume at $130.4 million, down from a revised total of $6.02 billion sold this week, according to updated data from Thomson Reuters.
June 30
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Troubleshooter Joe Lhota, back as chair of New York's MTA, has no shortage of challenges.
June 30 -
Municipal bond traders are preparing for next week’s almost non-existent new issue calendar as they get ready for the upcoming Fourth of July holiday.
June 30
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Bonds were hit Thursday by a combination of global central bank comments, strong Eurozone economic data, and rising expectations of another interest rate hike by the Federal Reserve this year.
June 29
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Municipal bonds were weaker as yields rose as much as seven basis points. In the primary, the N.Y. MTA postponed its $700 million green bond deal while Goldman priced the Los Angeles Department of Water & Power’s bonds.
June 29 -
Gov. Andrew Cuomo announced emergency actions for mass transit in New York City.
June 29
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Municipal bond traders are eyeing yields on the rise as the primary gets set to see the last of the big deals of the week hit the market on Thursday.
June 29 -
Top-rated municipal bonds finished weaker on Wednesday, sending yields as much as four basis points higher, according to traders, as two large deals from New York issuers priced.
June 28
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Top-rated municipal bonds were weaker at mid-session, according to traders, as two large deals from New York issuers came to market.
June 28
