New York City Transitional Finance Authority

Mayor praised for restraint ahead of uncertainty about possible big cuts to city services by Albany.

The top municipal issuers easily surpassed their issuance totals from 2018 year, with $400.51 billion in 10,582 transactions in 2019 compared to $320.35 billion in 8,549 deals the year before. California regained control of the throne after coming in third in 2018.

Four large competitive deals stole the show on Tuesday, including New Jersey's first general obligation sale in a little more than three years.

The municipal bond market started off the week adopting a cautious tone, eyeing issuance and world events.

Municipals look to be well positioned entering 2020 against a strong backdrop of market technicals and stable credit outlook.

Muni yields rose as more bonds hit the marketplace in the last big supply rush of the week.

The Federal Open Market Committee left rates unchanged and looked likely to keep monetary policy on a steady course for the near term.

There's just no stopping the municipal momentum this holiday season. Happy shopping, investors.

The deal led a rare burst of issuance for a Monday, with the start of the Federal Open Market Committee meeting set for Tuesday.

Wall Street had its most profitable first half in a decade; the second half remains uncertain.