News and Information from Bond Buyer

Near-term expectations for price growth fell in the latest consumer sentiment survey from the Federal Reserve Bank of New York, but remains above the central bank's target across all time horizons.

While the threat of shifting more costs from the federal government looms in the background, the end of the fiscal year is revealing stabilized tax revenue for most states.

The city took the measure to partially address a shortage in its general fund.

Lifting the PABs cap is a priority for transportation advocates, lawmakers from both sides of the aisle and the Trump administration.

 A default under the concession agreement could result in termination of the project, according to an analyst.

Geopolitical and macroeconomic factors are hurting USTs, but the muni market still has momentum, said Hennion & Walsh's James Pruskowski.

The larger tax-exempt portion of the bonds reportedly were 18 times oversubscribed.

The Texas city plans to bring general obligation bonds, certificates of obligation and tax notes to market later this month.

"They're totally more vulnerable," Michael Sudsina, president and CEO of Ohio-based municipal advisory firm Sudsina & Associates, LLC, said.

The deal was too highly leveraged for some investors.

Scrutiny of what qualifies as a muni bond is coming, and when it happens, there will be direct implications for liquidity, pricing and investor protection across the market, said James Pruskowski, managing director at Hennion & Walsh.

The world's busiest airport by passenger count is issuing bonds to support its sizable capital program.

News of negotiations with Iran, a strong backdrop from USTs and meaningful tax-equivalent yields are helping the market digest the "deal deluge," according to NewSquare Capital's Kim Olsan.

Missouri voters on Tuesday soundly rejected Amendment 5, which would have eliminated the state income tax and given lawmakers latitude to raise other taxes.

The Federal Reserve governor said inflation is too high but said she ultimately voted last week to hold interest rates steady to give recent economic trends more time to play out.

The White House's involvement in expanding Dulles International Airport lead to plans for a $22.5 billion bond sale, while questions remain about steep passenger fees that may be required.

The Texas city's general obligation rating was lifted to Aa2 with a stable outlook from Aa3 based on "meaningful" moves taken in its fiscal 2027 budget.

Democratic senators have asked Commodity Futures Trading Commission to rein in prediction "wagers."

Indiana lawmakers are considering two more far-reaching property tax reforms before Senate Enrolled Act 1 has even been fully phased in.

Budget Director Annette Guzman left her role Monday, Chicago Mayor Brandon Johnson said, in the latest high-profile finance departure from his administration.