Port Authority of New York & New Jersey

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.

The Port Authority of New York and New Jersey’s planned $10 billion redevelopment of John F. Kennedy International Airport is beginning to take shape.

Transportation Secretary Elaine Chao said career employees within her department calculated only a 5% local funding commitment because the two states are relying on federal loan guarantees.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

The Port Authority of New York and New Jersey is spending more than $364 million on the tunnel.

Inaction, significant new debt and failure to control labor costs and other cost drivers could pose major bondholder risks, says a Gurtin report.

The planned $12.7 billion billion project for a new dual-track rail tunnel linking New York City and New Jersey got the cold shoulder in President Trump’s $1.5 trillion proposal.

Ohio businessman Dan Slane said his list of 50 emergency and national security projects is "going nowhere."

Another week of modest muni volume is expected, as issuers offer more chunks of taxable bonds.

The Sales Tax Securitization Corp.’s second offering faced a tougher market environment.

Underwriters reportedly offered spreads to the Municipal Market Data’s AAA benchmark scale of 55 basis points on serials ranging from 2031 to 2038.

MacKay Municipal Managers has released its list of the top five trends to watch for in the municipal market this year.

A pre-marketing wire on the Sales Tax Securitization Corp.'s $366.2 million of tax-exempts indicates the Chicago deal may see wider spreads than in its bond sale last month.

Although tax reform concerns pushed issuers into the market in December, CUSIP requests for the year, were lowest since 2014.

Municipal bond traders return to work with yields and the revamped Chicago deal in their sights.

Muni volume in the last week of January is forecast to match that of the first three weeks combined, satisfying pent-up investor demand.

The municipal bond market is looking ahead to next week’s $3.3 billion new issue slate which is dominated by GO sales from Massachusetts and taxable negotiated deals.

Andrew Cuomo and Chris Christie say the ball is in Trump's court on the crucial Gateway Hudson Tunnel Project, as local commitments are secured.