State of New York

BlackRock's Peter Hayes says that municipal bond performance in the first quarter was clearly hurt by tax reform.

Buyers of municipal bonds had a variety of new issues to choose from on Wednesday as deals from New Jersey, New York, California and Maryland all came to market.

Despite municipals being a little sidetracked as Treasuries weakened, traders said there was a more constructive nature overall to the market on Tuesday.

Retail buyers were offered the chance to buy the New Jersey Tobacco Settlement Financing Corp.’s subordinate tobacco settlement bonds.

The budget approved over the weekend fails to address long-term fiscal challenges, according to analysts.

The second-quarter kicked off Monday with a little more optimism among municipal market participants after "one of the worst quarters in a long, long time."

The municipal bond market is set to see a chunky new issue calendar this week: $7.85 billion.

The influx of volume may give the boost that's needed to jump-start the primary market.

Former broker Deborah Kelley could end up paying close to half a million dollars in fines, penalties, and restitution for her role in defrauding the New York State Common Retirement Fund.

Municipal bond volume picked up from February, prompting speculation that this year's drought in deals may soon ease.

The municipal bond market will see almost $7.9 billion of new deals head their way next week, as New Jersey tobacco's dominate the calendar.

The municipal market was winding up the week on a tentative note as Connecticut offered its general obligations to institutional investors.

Municipal bond buyers were getting a piece of Connecticut's general obligation bond deal on Wednesday.

Municipal traders said the market was slightly firmer on Tuesday, though a lack of new supply was still curtailing opportunity for investors.

Municipal bond buyers are seeing some supply hit the market on Tuesday as they look ahead to next week for the biggest deal of the year to date.

As muni investors looked ahead to another week of limited supply, a report from BlackRock recommended taking a flexible strategy.

Securities industry profits surged in 2017, as the the bonus pool hit an estimated $31.4 billion, according to an New York State Comptroller Thomas DiNapoli.

The municipal bond market on Monday is eyeing this week's small holiday calendar of new issues, which is dominated by taxable deals.

The municipal bond market is facing two big challenges this week -- smaller-than-average supply and a monetary policy meeting of the Federal Reserve.

Herman Charbonneau, known as "The Walking Encyclopedia of Municipal Bonds," plans to retire at the end of the month.