Port Authority of New York & New Jersey

The measure provides the Port Authority of New York and New Jersey with multiple options to construct the elevated train service.

State officials say the new funds will increase the local share of funding for Gateway and improve the project's chances of getting federal funds.

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

Municipal bonds were weaker Tuesday as Illinois sold $500 million of bonds and the N.Y.&N.J. Port Authority deal was priced.

The recent performance of munis has reset relative valuations to more attractive levels, according to BlackRock's Peter Hayes.

Municipal bond buyers had a wide variety of offerings to choose from on Tuesday.

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

U.S. Transportation Secretary Elaine Chao heard bipartisan criticism from lawmakers for the administration’s failure to fully fund the Highway Trust Fund and was told the White House plan for privatizing the Federal Aviation Administration won’t pass Congress.

The proposed dual-track rail tunnel connecting New Jersey and Manhattan is opposed by President Trump even though the White House says it is expediting approval of major infrastructure projects.