News and Information from Bond Buyer

Municipal bond traders on Wednesday will be looking at the direction of yields, which has been trending lower in the past few sessions. The market will see several deals of size coming from the Golden State hit the screens, topped by a California green bond sale.

The administration has released a fact sheet on its infrastructure initiative with some plans that contradict the fiscal 2018 budget proposal.

Illinois still has time to solve its budget ills, according to Fitch Ratings.

A federal district judge extended a delay on Maryland’s Purple Line P3 rail project for more studies.

Municipal bonds finished stronger on Tuesday as the Hudson Yards deal hit the market along with a host of other large sales.

Trump's budget guts grant programs, contains nothing new on tax reform, and may actually cut net funds for infrastructure, drawing complaints from Democrats, governmental groups and infrastructure advocates.

New Indiana law paves the way for state oversight of two struggling school districts.

New York State’s pension fund earned 11.42% on investments for the 2017 fiscal year, a report said.

The Treasury Department Tuesday auctioned $26 billion of two-year notes with a 1 1/4% coupon at a 1.316% yield, a price of 99.870143.

Municipal bonds were trading stronger at midday as the Hudson Yards deal hit the municipal bond market on Tuesday along with a host of other sales.

The Treasury Department Tuesday auctioned $20 billion of 364-day bills at a 1.145% high yield, a price of 98.842278.

The pension fund for Boston-area transit workers needs roughly $1 billion over 18 years, an official said.

The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.735% high yield, a price of 99.924833.

Dentons partner Jonathan Ballan takes us through three creative bond transactions: LaGuardia Airport, Scranton parking and Glen Cove, N.Y., economic development. He also discusses infrastructure financing and his years of service on the New York MTA board. Hosted by Paul Burton.

Vero Beach, Fla., signed a letter of intent to sell its utility to Florida Power & Light.

Two financial advisors have submitted a plan that could give the federal government $1 trillion for infrastructure development.

Puerto Rico urgently needs a central digital structure to save millions of dollars in processes and services.

The Hudson Yards deal is set to hit the municipal bond market on Tuesday as the week’s primary market heats up.

Transportation Secretary Chao has agreed to approve funding agreement for Caltrain.

Chicago Public Schools is seeking authorization to bolster its GO authority to $500 million.