New York State Dormitory Authority

New York Gov. Andrew Cuomo delivered his State of the State address amid an expanding budget deficit and $2 billion in federal cuts.

When the future of tax-exempt bonds for nonprofits was unclear, the Dormitory Authority of the State of New York unleashed many end-of- year transactions.

The municipal bond market next week will continue to see above-average volume, albeit at a much slower pace than this week, as $11.14 billion of deals are on the calendar.

The municipal bond market saw deals from far and wide this week as the threat of tax reform changes spurred a rush to issuance that will continue into the next week.

The state government's rising debt burden underscores the need for overhauls to the state’s borrowing rules, according to State Comptroller Thomas DiNapoli.

Municipal bond yields fell by as much as seven basis points as the Federal Reserve raised interest rates as expected and market participants eyed tax reform talks in Washington.

The municipal market saw some new supply hit the screens on Wednesday despite the Federal Open Market Committee meeting in Washington.

The state faces a budget deficit, lower-than-expected tax revenues and federal funding cuts.

A constitutional convention could set the stage for debates about state borrowing limits and local revenue-raising powers.

Municipal bond traders on Friday are looking are looking at a quiet day ahead of the long holiday weekend. U.S. Treasuries were weaker on Friday after the release of a weaker-than-expected employment report for for September.