State of New York

Failure to aid one could hurt the others, according to the state comptroller's review of the city's financial plan.

Municipal yields fell as much as three basis points on the long end of the AAA curves.

As the Metropolitan Transportation Authority lines up two note sales, the rating agency said the authority could tap into the Federal Reserve’s Municipal Liquidity Facility.

Metropolitan Transportation Authority Chairman Patrick Foye called mass transit "the circulatory system of the nation."

With prospects of federal aid waning, an $8 billion revenue gap will leave the the state government and Gov. Andrew Cuomo few attractive options.

The pandemic has magnified the woes of New York City’s public hospital system — long a problem unit — the comptroller said.

Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.

For the 10th week in a row, investors put cash into tax-exempt mutual funds with Refinitiv Lipper reporting a $857 million inflow.

New York issuers jump in for retail and Texas Transportation also makes an appearance as attractive low yields lure more issuers in. However, some participants say caution is warranted as the coronavirus spread widens in the South and West.

Long-term munis strengthened as investors bank on recoveries and navigate an uncertain credit landscape.