News and Information from Bond Buyer

Newly issued Treasury securities held in stripped form increased about $5.302 billion in February to a total of $272.479 billion.

The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.

Municipals were trading in sympathy with Treasuries on Thursday morning as the market remained quiet as it prepared for the week’s end.

The number of people being pushed into homelessness continues to outpace efforts to help them.

Bill Glasgall, senior vice president at the Volcker Alliance, and Sarah Swanbeck, from the University of California at Berkeley, discuss how the state of California became the comeback kid in finances. What is the state doing right with its budget? Where do its finances need improvement? And what’s the outlook for the state going forward? Chip Barnett hosts.

The vote came as Gov. Rossello said his fiscal plan will not accede to board demands.

BlackRock's Peter Hayes says that municipal bond performance in the first quarter was clearly hurt by tax reform.

The modified budget plan banks on new revenue initiatives that face an uncertain political fate.

Gribbin's resignation, which followed Gary Cohn's departure, means that the two major administration officials charged with developing and selling the president's infrastructure plan are gone.

Morgan Stanley rose to No. 2 and JPMorgan slipped out of the top 5 among municipal underwriters; PFM fell to second among financial advisors.

Anna Van Degna, who was a Stifel managing director, now heads San Francisco's Office of Public Finance.

It's important and constructive to talk about these kinds of alternatives to advance refundings, market participants said.

Voters in Wisconsin also rejected a measure to abolish the state treasurer's office.

Buyers of municipal bonds had a variety of new issues to choose from on Wednesday as deals from New Jersey, New York, California and Maryland all came to market.

The question of whether to cover Virginians under the Affordable Care Act prevented a budget from passing during the regular session.

About 4,819,700 online job postings appeared on leading internet job boards in March, an increase of 102,100 from February, the Conference Board reported Wednesday.

The U.S. services sector expanded at a slower pace in March, while prices again grew.

Inflation is expected to grow, but remain below target, and the yield curve may invert in the next year, Federal Reserve Bank of St. Louis President James Bullard said Wednesday.

Private-sector employment increased by 241,000 in March, on a seasonally adjusted basis, ADP estimated Wednesday.

Surging sales tax revenue shows economic strength across several sectors, Texas Comptroller Glenn Hegar says.