News and Information from Bond Buyer

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

The Treasury Department said Monday it will sell $50 billion of four-week discount bills Tuesday.

With nearly $9 billion in volume, thanks to a large refunding deal, market participants expect issuance will remain strong as issuers try to beat tax reform.

The Conference Board's Employment Trends Index (ETI) rose to 135.57 in October from an upwardly revised 132.86 in September.

Nearly $23 billion worth of bonds are on ballots in Tuesday’s election, which could fuel 2018 issuance.

William C. Dudley, Federal Reserve Bank of New York president and chief executive officer, intends to retire in mid-2018 “to ensure that a successor is in place well before the end of his term,” the Fed said in a statement Monday.

Already facing the potential loss of several key financing tools and a 20% corporate tax rate that would cheapen the relative value of tax-exempt munis, there could be even more pain in store for the municipal market when the Senate weighs in.

Fitch Ratings dropped the state one notch to AA.

The House Ways and Means Committee begins deliberations on the 429-page tax reform bill noon Monday.

Many industry observers believe Federal Reserve Board Janet Yellen will retire from the central bank once her term as chair expires in February. But there are reasons she might stay.

Refundings on the calendar for the week ahead spurred speculation that issuers may rush deals to market before they are banned by the GOP tax plan.

Undoing the floating net asset value requirement for money market funds would give municipalities more flexibility, GFOA testifies.

A court ruling offers some financial relief to the distressed gambling hub, according to Moody’s Investors Service.

The Tulare Local Health Care District defaulted on its revenue bonds and closed its hospital.

Amid East Coast transit systems' overcrowding and strained capital budgets, advocates tout ferries as low-cost alternatives.

With a tax bill on the table that places the cost of tax cuts on the municipal finance market, the time to voice opposition is now.

The largest municipal bond insurer said third-quarter net income fell 57% due to an increase in loss reserves for Puerto Rico hurricane damage.

Top-shelf municipal bonds were stronger on Friday around midday, as market participants were still going over the details of the GOP tax reform bill.

Developers no longer plan to build a new Major League Soccer stadium in downtown Detroit.

A commission would examine transferring capital assets to a trust and building asset values to benefit pension plans.