State of New York

Looming state budget cuts combined with the COVID-19 threat could have a negative impact on NYC's economy.

The municipal bond market is in for another action-packed week, with above-average issuance and COVID-19 still spreading rapidly.

Taxable bonds and COVID-19 are two of the main catalysts that helped February municipal bond volume ascend to its highest level since at least 1986.

New York State Comptroller Tom DiNapoli credits a data-driven platform with salvaging billions in revenue.

Municipal bond yields were unchanged at record low levels, according to late reads.

As COVID-19 fears run rampant, investors continued to sell off equities, resulting in muni yields again following Treasury yields down to all-time lows.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore Wealth Management examine how the state's Medicare cost crisis could affect the city's budget. They also discuss the MTA, public housing and property tax overhaul. Paul Burton hosts.

Municipal bonds yields continued their descent and once again rewrote the record books, as the flight to safety on fears of COVID-19 that took place Friday picked up right where it left off.

Think tank Regional Plan Association and advocacy group Make the Road New York are urging leaders to expand climate resiliency measures.

The market got technically stronger and the new-issue calendar builds.