News and Information from Bond Buyer

New Mexico found a no-cost escape route from troublesome swap agreements with a $67 million termination fee.

As the dust settles on the SEC's 15c2-12 announcement, questions loom about how difficult it will be to implement.

Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.

Municipal bonds were firm and little changed on Tuesday as new issue supply started to price.

The Federal Open Market Committee will have to raise the fed funds target rate three or four times to hit neutral rate.

Former New Jersey State Senator Ray Lesniak discusses his lengthy journey fighting to legalize sports betting and the revenue impact wagers will have on the Garden State and nationally. Andrew Coen hosts.

The region's services sector “continued to expand” but at a slightly slower pace in August.

Judge Laura Taylor Swain sided with the retired employees, saying the bondholders' security interest was not properly perfected.

One of Baird's new bankers expands its presence in the Chicago region.

Moody's Investors Service raised the county to Aaa from Aa1.

Trading was muted after last week’s bounty of bond sales, as the market looked ahead to this week’s larger deals, including a $920 million Illinois financing.

Bond volume in the region fell sharply in the first half of 2018, though one expert saw the 16% drop as better than anticipated.

A typical quiet summer Monday unfolded, with trading activity muted as the market reflected on last week’s bountiful volume and looked ahead with anticipation to some this week’s larger deals, including the $920 million Illinois financing, muni traders said.

The final rules will focus on debt obligations on a similar level as bonds, an effort to respond to comments that the first proposal was too broad.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

Minor-league baseball's Pawtucket Red Sox rejected a Rhode Island bonding framework for more generous subsidies in Worcester.

Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.

The Lone Star state grabs the spotlight this week as Texas prepares to sell $7.2 billion of top-rated tax and revenue anticipation notes on Wednesday.

Municipal bond volume is running 18.1% lower than last year’s historic level, in line with analyst expectations given the enormous impact the new tax legislation has had on the market.

Municipalities had less need for borrowing to bridge gaps in cash flow and therefore curtailed their issuance of notes