State of California

With infrastructure expected to be a hot topic at the State of the Union address, the municipal bond market wants to know if bonds will play a role.

The market is watching for details on Treasury Department’s quarterly refunding, President Donald Trump’s State of the Union address and the Federal Reserve’s monetary policy meeting.

Tax workarounds being discussed by several states affected by the SALT cap, could cost the U.S. Treasury about $154 billion over eight years, according to a report.

A tobacco deal from Pennsylvania and a taxable offering from Hawaii take center stage this week as traders eye rising yields and the Federal Reserve meets on monetary policy .

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

Next week’s slip in supply may increase demand for municipal bonds slated to hit the market.

In his final State of the State speech, Jerry Brown reiterated support for water transfer tunnels, high speed rail, and the projects funded by a new gas tax.

As Pennsylvania prepares to sell $1.39 billion of tobacco bonds next week, Invesco released a report that highlights reasons investors should own tobacco bonds.

A “sensibly priced” deal from a New York issuer was snapped up by buyers on Thursday as municipals weakened slightly in secondary trading.

The California Water Commission sent all 11 applicants for water storage bond money back to the drawing board.