News and Information from Bond Buyer

The Public Employee Pension Transparency Act (HR 6290) would prohibit states and localities from issuing tax-exempt bonds unless they file annual reports on their public pension systems to the U.S. Treasury Department.

The county anticipates pricing for the week of Aug. 6th.

Municipal bond volume will dip to under $5 billion next week, according to estimates released on Friday.

The market will have to wait for meeting minutes to learn policy makers' thinking on the accelerating GDP, the yield curve, interest rates, and trade wars.

A negotiated transaction may help Maine limit the yield penalty from Gov. Paul LePage's last-minute cancellation of the sale last month.

The University of Michigan's July consumer sentiment index reading was 97.9, compared to the preliminary July 97.1.

The bond will help with housing recovery in the city that lost 4,600 homes to a wildfire.

Bank director Sarah Riordan said the alleged misconduct did not involve any bond funds.

Vicki Fuller is retiring after six years as the state pension fund’s chief investment officer.

The resource document the MSRB released Thursday is designed to help dealers comply with rule changes on markup disclosures to retail investors that took effect on May 14.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 3.99% from 3.97% the week before.

Tax Reform 2.0 would make permanent the lower individual tax rates in last year’s Tax Cuts and Jobs Act that are scheduled to expire in 2025.

New revenue sources for operating and capital budgets are necessary for the transit authority to cover a widening outyear gap, CFO Robert Foran said.

Sporadic trading and price firmness drove the municipal market on Thursday.

The Fifth District Court of Appeals in New Orleans has yet to decide if oral arguments will be held in the suit brought by Calvin Grigsby.

The school district's borrowing plans got a boost Thursday from S&P Global Ratings, which upgraded it to B-plus from B.

Driverless cars raise questions about how California and its cities should solve transportation infrastructure problems.

Price stability was outweighing trading activity and volume on Thursday morning in the municipal market.

The black box gang has always mistaken complexity for sophistication in the realm of financial modeling.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported strong activity and increased optimism in July.