News and Information from Bond Buyer

Next week's $7.8 billion new issue slate features airport and water deals coming from New York and Texas issuers.

The Federal Reserve will need to continue raising interest rates, Federal Reserve Bank of Cleveland President Loretta Mester said.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged for the third week in a row at 3.99%.

Some say cheapness on the short end of the municipal yield curve is starting to boost investor demand.

The Puerto Rico Oversight Board’s new fiscal turnaround plan for the commonwealth may more than double debt payments to bondholders compared with earlier proposals.

One Democrat said the controversy showed the difficulty President Trump faces selling his plan to spur $1.5 trillion in infrastructure investment with an expansion of private activity bonds.

A Securities and Exchange Commission proposal that may trigger additional MSRB rulemaking is open for comment, and the MSRB is scheduled to discuss it next week.

Illinois remains delinquent on transit aid payments, highlighting the need for RTA's working cash authorization.

Big Apple pension funds plan to divest from fossil fuel investments within five years.

With more than 100 structures closed recently due to potential safety risks, Moody's said the state’s deteriorating infrastructure is credit negative.

Nine Oregon school districts are responsible for half of the $1 billion in school capital appreciation bond issuance nationally since January 2017.

We have people on both sides of the aisle who have great achievements under their belts through their bi-partisan collaboration, financial ingenuity, strong commitment for public service and, equally importantly, who know how to “build bridges”, literally and figuratively.

Morgan Stanley priced $575 million of airport system bonds for Sacramento County.

The composite of the Leading Economic Index was up 0.3% in March following a downwardly revised 0.7% increase in February, first reported as a 0.6% rise, the Conference Board said Thursday.

Gary Pzegeo, head of fixed income at CIBC Atlantic Trust Private Wealth Management, discusses the changes at the Fed, including two new nominees, and what this means for monetary policy and the possibility of dynamic inflation targeting. Gary Siegel hosts.

Manufacturers report continued growth in April, but this month's Federal Reserve Bank of Philadelphia Report on Business showed signs of increasing costs.

Deals from Connecticut and Ohio issuers arrived as some buyside participants complained of low volume and inactivity in the muni market.

The case involves as much as $100 billion in state and local sales tax revenue over the next decade, according the e-commerce retailers that are defendants in the lawsuit.

Local government public safety pension funds are armed with new funding enforcement mechanism.

Inflation and the unemployment rate will determine if monetary policy will need to become restrictive in the coming years, Federal Reserve Bank of New York President William Dudley said Wednesday.