News and Information from Bond Buyer

The municipal bond market on Tuesday priced the first of the week’s big new issues, before buyers turned their focus to the high-rated, but high-yielding sales tax securitization coming from Chicago on Wednesday.

The court’s announcement on Friday that it will hear arguments in South Dakota v. Wayfair comes as lawmakers have been divided over the online sales tax issue.

Phil Murphy inherits a state government that was downgraded 11 times under predecessor Chris Christie.

Bankruptcy attorneys who work with local governments on project financing are paying attention.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 1.295% high yield, a price of 99.899278.

The municipal bond market saw the first of the week’s big new issues price in the primary. Buyers will see about $3.35 billion of new deals hit the screens this week, with most of the volume coming on Wednesday and Thursday.

Chicago’s Sales Tax Securitization Corp. returns to the municipal bond market this week, offering high-yielding, high-rated paper to buyers hungry for supply.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed.

Consumers’ inflation expectations gained, according to the October Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Tuesday.

Moody's shifted the outlook on its A3 rating forSpringfield, Illinois, to negative.

Many provisions of the Tax Cuts and Jobs Act are punitive to tax exempt healthcare.

The challenges local governments face with capital planning in 2018 are explored by Brien Desilets, who leads Grant Thornton’s infrastructure advisory practice and previously advised local governments on public-private partnerships at Public Financial Management. Hosted by Andrew Coen.

Municipal bond buyers and traders expect $2.36 billion of negotiated deals and $986.4 million of competitive sales.

The Empire State Manufacturing Survey showed "business activity continued to grow at a solid clip in New York State."

The gradual rate hikes will continue even as inflation remains below the Federal Reserve’s 2% target, Federal Reserve Bank of Boston President Eric Rosengren said Friday.

Mayor Kevin Faulconer gave his State of the City speech.

Tax-exempt issuance again dominates the calendar, after a week of mostly taxable deals .

Moody's said the delay may signal the damage to the island's economic prospects is worse than officials thought, suggesting the return for bondholders will be even lower.

Fiscal year 2018 general fund revenue is projected at $10.3 billion, down $101 million from the previous forecast.

Attorneys will argue the case April 4 over the Poinciana Community Development District's plan to buy amenities from the developer.