News and Information from Bond Buyer

Progress is being made by some states and cities while Congress is independently making incremental progress on airports and water projects, according to infrastructure experts.

Municipal bonds were mixed on Monday as buyers awaited the almost $10 billion of supply set to hit the market this week.

Citing risks to all of the state's pension funds, Gov. Phil Murphy conditionally vetoed legislation to enable a spinoff of the state’s Police and Firemen's Retirement System.

The Miami-Dade County School District improved its disclosure practices to provide better bond investor outreach.

The Illinois pension intercept law could pose rating strain but also force funding discipline over long term, according to S&P Global Ratings.

New Jersey, Pennsylvania, and other states are hoping to capitalize on gaming legalized by the Supreme Court's decision on Monday.

Moody's sees minimal, but still credit positive, revenue effects for governments that tax legal cannabis.

Muni portfolio manager J.B. Golden combats spread compression with defensive duration, laddering, premium bonds, and a tilt toward credit opportunities.

Municipal bond buyers are eagerly awaiting the biggest new issue calendar of the year, as almost $10 billion of supply is slated to hit the market this week.

Consumers’ inflation expectations grew, but respondents’ optimism about income held, according to the April Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

This week the municipal bond market is getting what it wants — and what it needs — more supply. Almost $10 billion of new deals are on tap in a calendar that will have something for almost everybody.

Gradual rate hikes remain the best policy, and while inflation is near the Fed's target, it’s “too soon” to declare victory, Federal Reserve Bank of Cleveland President Loretta Mester said Monday.

Fitch Ratings shifted its outlook to negatibve on the city's A-minus issuer rating.

Gov. Jerry Brown unveiled budget proposals that bolster reserves and favor one-time costs.

The consensual plan for $4.2 billion of Government Development Bank bonds amounts to repayment of 55 cents on the dollar.

The municipal bond market is gearing up for the biggest volume week of the year, with issuers estimated to bring just under $10 billion of new paper.

The bonds will help complete a new hospital wing at Marin General Hospital.

The district remains deeply in speculative-grade territory even after the two-notch upgrade.

A deal struck between House and Senate leaders could lead to a vote as soon as next week on a banking bill that would classify munis as high-quality liquid assets and make them more attractive investments for banks.

The Municipal Forum of New York presented awards to three outstanding municipal market participants at a gala fundraising dinner in Manhattan on Thursday night.