News and Information from Bond Buyer

Transit officials from across the nation meeting here this week said the president's proposed budget cuts don't track with his rhetoric on infrastructure.

The addition of Amazon will mean most of Puerto Rico's online sales will be taxed, one economist said.

After years tight budgets that followed tax cuts and revenue shortfalls, Oklahoma teachers and government employees are threatening to walk off the job.

The Federal Open Market Committee meets this week, and while a rate hike is widely expected, and priced in, the municipal market will look to the Summary of Economic Projections for the future path of rates.

The municipal bond market is facing two big challenges this week -- smaller-than-average supply and a monetary policy meeting of the Federal Reserve.

The municipal bond market will focus more on the Summary of Economic Projections and the press conference, with a rate hike assumed.

The bill would create a $100 million fund to clean contaminated water sources

The bonds were used to finance the acquisition and renovation of an assisted living facility in Alabama by Dwayne Edwards, who the SEC charged with fraud last year.

After back to back weeks of decent issuance, the primary muni market will get with a reality check of weekly issuance below $3 billion, thanks mostly to continued tax reform fallout.

Herman Charbonneau, known as "The Walking Encyclopedia of Municipal Bonds," plans to retire at the end of the month.

The Lincoln-Way district is in recovery mode from past bond abuses of a previous leader.

Supply plunges for the upcoming week, with Ipreo estimating volume at only at $2.9 billion, down from this week’s revised total of $5.0 billion, according to updated data from Thomson Reuters.

Solvency for the beleaguered unit is a tall order for the new H+H chief, given myriad challenges from within and afar.

The University of Michigan's preliminary March consumer sentiment index reading was 102.0, compared to the final February 99.7 and the preliminary February 99.9, according to market sources.

Industrial production grew 1.1% in February, the Federal Reserve reported Friday.

Prices received increased in March, to a level not seen in six years, while wage growth was steady.

In the week ended March 15, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.02% from 4.01% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Wayne County and Detroit officials hope a new, $5.4 billion, 20-year transit plan makes it to the November ballot.

The House has approved similar municipal securities and Puerto Rico provisions, but has wanted more sweeping bank deregulation legislation than the Senate.

A spate of deals priced, as investors put more money into long-term municipal bond funds.