State of New York

Although the supply/demand ratio is still lopsided, the recent surge had made things a little more balanced.

The last of the week’s big new issues hit the screens on Thursday.

Just in time for its $1.4 billion bond sale, California received a holiday present from Moody’s.

Rampant issuance continues with $12.4 billion, heavy on taxable deals. Meanwhile, the end of this volatile week had the secondary getting whacked with AAA benchmarks showing big cuts.

Issuers from New York, Florida and Nebraska offered buyers notes, bonds and taxable deals.

Massive borrowing for essential projects in the face of a projected deficit spike is a dilemma as its $51.5 billion capital program undergoes scrutiny.

Competitive issues dominated Wednesday’s calendar with issuers from Nevada, Texas and New Jersey leading the pack.

A large calendar this week should spark high demand, market participants say.

Variables related to other post-employment benefit liabilities jeopardize core services in the tri-state area, said the Manhattan Institute.

This week's new deals will price into a market that has seen declining yields as stocks and Treasuries have weathered market volatility.

The municipal market continues to flex its muscles even as the U.S. economy seems to be slowing, which could lead to an even flatter yield curve.

The Big Apple was a big presence in the market on Thursday as it sold almost $1 billion of taxable and tax-exempt general obligation bonds.

Muni yields were mixed as weak economic data pressured Treasuries and stock prices.

Another big week is in store for investors with a $1B NYC deal waiting in the wings.

Municipal bond volume continues to accelerate, closing out the month of September 39.1% higher and the quarter 17.8% higher than a year earlier, as issuers flocked to market with taxable deals.

As we enter the fourth quarter, municipals continue their remarkable performance with the market continuing to follow trends of demand outstripping supply and inflows into the asset class.

Most of this week’s municipal bond deals were well received, according to Peter Delahunt of Raymond James.

The capital plan's unknowns include its effect on the New York Metropolitan Transportation Authority's debt levels and rating agency perceptions.

Munis strengthened Wednesday, the day after about 80% of the week's new issue calendar came and went.

The market had no trouble absorbing Texas Water's $877 million and a $1 billion deal from New Jersey Transportation Trust.