State of New York

Andy Byford’s departure as MTA New York City Transit president rekindled questions about governance at one of the world’s largest mass transit agencies.

A mixture of taxable and tax-exempt deals priced into a market flush with cash. Muni yields continued to descend, as they moved three basis points lower today.

Large taxable deals fare well while gilt-edged Delaware yields track in line with AAA benchmarks in competitive deal.

As officials sift through Andrew Cuomo's plan to curb Medicaid costs, City Hall insists that the governor's spending-control emphasis is a de facto slash.

Whether new dedicated revenue for the MTA or its higher total debt holds more sway in the capital markets remains an open question.

New York's governor wants to tackle the state’s budget gap through controlled spending rather than major revenue increases.

After returning north of 7% in 2019, the municipal bond asset class continues to see strong returns so far in 2020.

New York City Council member Daniel Dromm and Citizens Budget Commission president Andrew Rein explore the effects of looming state Medicaid cuts on the city's $95.3 billion preliminary budget. Paul Burton hosts from City Hall.

Although municipal bond volume is expected to rise by almost $2 billion, it won’t be nearly enough to satisfy investors’ thirst for the asset class.

Mayor praised for restraint ahead of uncertainty about possible big cuts to city services by Albany.