State of Washington

The legislation, which passed the House last week, comes as the state nears a key 2026 decarbonization deadline.

High-speed rail connecting Portland, Seattle and Vancouver, B.C. would spark $355 billion in economic development, supporters say.

Gov. Jay Inslee wants a $4 billion bond referendum for housing that would be outside the state's debt limit. State lawmakers must approve first.

Munis are improving, but positive second-half municipal returns likely won’t be enough to offset the major losses of the first half of the year.

As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)

A controversial tax on fuel exported to other states from Washington refineries was cut by the plan's author after neighboring governors cried foul.

A selloff in Treasuries didn't throw Washington's deal off course, according to the treasurer's office.

The state of Washington sold $743 million of general obligation bonds in the competitive market at similar spreads to its November sale while some issuers have moved to the day-to-day calendar.

Washington plans to sell the GOs by competitive bid on Feb. 8 to fund various projects.

The FOMC will likely take the opportunity to profess its reliance on data to decide liftoff and reiterate the threshold for a rate hike remains higher than for taper.

The rating agencies affirmed two AA-plus and one triple-A rating ahead of the deal.

The Dormitory Authority of the State of New York overtook California for the most issuance, while New York issuers made up half of the top 10.

The municipal market was steady Monday as the investors gear up for three separate billion-dollar deals heading to market from California, New York, and Connecticut issuers.

Even if there was some hesitation in the past few sessions to accept lower municipal yields given rich valuations, municipals continue grinding lower. One- and two-year AAA yields hit record lows of 0.06% and 0.08%, respectively.

The January employment report headline number disappointed while stimulus news lifted equities and U.S. Treasuries rose on both counts. Municipals ignored those moves ahead of another week of less-than-ample supply.

Mike Pellicciotti, a Democratic state representative, unseated incumbent Duane Davidson. Both say they are working on a smooth transition.

Municipals weakened as supply surged into the market, with AAA yields up by as much two basis points on longer-dated maturities.

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

Financial challenges posed by the COVID-19 pandemic have not slowed long-term capital initiatives at public power firms.

Washington State pulled a note deal after a glitch resulted in two-thirds of bidders not seeing a couponing instruction.