Southwest

Investors downed a deluge of munis in what so far is living up to the billing of the busiest week of the year.

Proposition CC, which would have allowed the state to retain revenues above a 27-year-old formula, was defeated.

Schools, public transit and medical research are among the beneficiaries of successful bond measures Tuesday in the Lone Star State.

Texas continued its record-setting pace in October with monthly sales tax revenue growing 7% year-over-year to $2.82 billion.

Municipals weakened along with Treasuries as stocks surged amid good earnings reports and economic data.

All but a $60 million tax-exempt new money piece of UTA's $511.5 million revenue bond deal is taxable.

Market attention turns to the taxable sector as some the week’s biggest deals are set to hit the screens.

Jared Polis proposed a $34.5 billion budget, including $13.8 billion for the general fund.

Proposition CC would loosen the strings of the 1992 TABOR Amendment by letting the state government retain more money for education and transportation.

The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.