New York City Housing Development Corporation

Municipal bonds weakened Tuesday ahead of the Federal Reserve’s monetary policy meeting as new supply headed into the marketplace.

Muni bond buyers were wary ahead of this week’s smaller-than-average new issue calendar as Federal Reserve policy makers gathered.

Municipal bonds were mixed ahead of this week’s smaller-than-average new issue calendar and the FOMC meeting.

Munis will see more than $5 billion of new supply, with the Federal Open Market Committee set to meet next week and raise interest rates again.

Municipal bond buyers will see a smaller-than-average new issue calendar as issuers remain cautious ahead of the Federal Reserve's monetary policy meeting

The New York City Housing Development Corp. intends to issue up to $838 million in in multi-family housing revenue bonds and provide $321 million in additional financing for affordable developments.

New York City's surplus for Fiscal 2018 will be used to help balance the Fiscal 2019 budget.

The Independent Budget Office said state mandates are putting a burden on New York City finances.

The City Council urged greater transparency and an end to "frontloading" in its response to Mayor Bill de Blasio’s $89.06 billion fiscal 2019 executive budget.

New York City's executive budget came under fire for increasing spending and setting aside too little in reserves for cuts from Washington and uncertain times ahead.

New York mayor Bill de Blasio claimed progress in addressing the challenges of population growth, aging infrastructure, increasing inequality, and climate change.

Alternative funding strategies, collaborations and resiliency awareness were the buzzwords at an S&P housing conference in New York.

Traders noted some caution in the muni market ahead of Friday’s release of the March unemployment report.

Municipals were trading in sympathy with Treasuries on Thursday morning as the market remained quiet as it prepared for the week’s end.

As the New York City Council held its first hearing on Mayor de Blasio’s $88.67 billion preliminary budget, "Washington" and "Albany" loomed over the proceedings.

The federal tax overhaul and belt-tightening at the state level cast a pall of uncertainty over the $88.67 billion preliminary fiscal 2019 budget plan.

The municipal bond market will see a second week of chunky new issuance, with almost $20 billion of new deals lining up for sale.

The municipal bond market was one again looking at an above-average calendar for next week, with negotiated supply alone coming in at over $17 billion.

Mega-deals from Chicago, San Jose, Trinity Health and Miami-Dade all hit the screens as yields on municipal bonds plunged further.

The plan is up from the previously announced 200,000 homes.