News and Information from Bond Buyer

Toll pricing, street management, transit funding priorities and a scramble for exemptions will be in play as New York paves the way for U.S. cities.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, nudged up to 3.88% from 3.87% the week before.

Municipals were firm on Thursday as the last of the week’s deals hit the market

Whistleblower Johan Rosenberg has alleged that the conspiracy cost issuers over $1 billion — $719 million in California, $349 million in Illinois, and $134 million in Massachusetts.

The Illinois Finance Authority says one green investor snapped up a piece of deal during retail order period.

The step is said to be unprecedented in the history of Chapter 9 bankruptcy.

Newly issued Treasury securities held in stripped form increased about $1.155 billion in March to a total of $301.140 billion.

The bid to have the state government edge out Atlanta for control of the busy airport remains active for next year's legislative session.

The clarification allows dozens of otherwise stalled housing projects around the nation to move ahead with financing that includes a combination of tax exempt multifamily PABs and the 4% federal housing tax credit.

The economy looks fundamentally sound, leading Federal Reserve Bank of Philadelphia President Patrick Harker to question the importance of a yield curve inversion.

While it is possible that the Federal Reserve’s hiking cycle is complete, but the more likely scenario is rates will go “a bit higher,” Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.

Climate analytics business risQ is partnering with Municipal Markets Analytics to get a better handle on the risk climate change creates for municipal debt.

Ohio legislature settled on a leaner gas tax increase to help fund fixes for its roads and bridges.

Analyst Tom Kozlik interprets the results behind his fifth annual survey of muni bond professionals. Paul Burton hosts from Berwyn, Pa.

California finds itself in a familiar spot, with the most muni issuance through the first three months of the year. The rest of the rankings show a mix of usual suspects and new faces.

Municipal underwriters jockey for position as business increased 21.9% from the first quarter of last year.

Sens. Sherrod Brown, D-Ohio, and Ron Wyden, D-Ore., pressed Stephen Moore for details about reports that he owes more than $75,000 in taxes and failed to pay more than $300,000 in alimony and child support.

Twenty-three members of Congress are urging the Oversight Board to pull back the bonds' underwriting and other fees.

The state collected $2.6 billion, a 9% increase over the same month of 2018, said State Comptroller Glenn Hegar.

Focus remained on the municipal primary as more supply swept into the market on Wednesday.