News and Information from Bond Buyer

The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.750% high yield, a price of 99.941667.

Municipal market participants are set for action to get started in the primary with several large negotiated and competitive deals on tap, led by issuers in New York, Florida and Virginia.

Indiana's latest revenue estimates offered good news for lawmakers.

The territory’s government is rushing to rewrite statehood plebiscite language rejected by U.S. Department of Justice.

California will appeal to international investors when it prices $1.2 billion of taxable GOs

Municipal bonds ended narrowly mixed on Monday, ahead of the start of the week's scheduled $6.82 billion of new issuance, traders said.

Fitch upgraded Children's Hospital Medical Center of Akron.

A bill that passed the Florida Senate would authorize bonds to fight algae blooms.

Fifteen state and local groups are asking Congress to advance bills to treat munis as HQLA.

Hidalgo County, Texas wants to combine a border barrier with a flood-protection levee.

Lawmakers must resolve looming $20 billion shortfall in the Highway Trust Fund, advocates urge.

Municipal bonds were stronger at mid-session, according to traders, who were eyeing declining muni yields as they await the start of the week’s new issuance. Muni volume is estimated at $6.82 billion this week.

Craig Brothers is among fund managers who are sticking with a shorter duration core strategy as the market awaits the Federal Reserve Board’s June decision on rates.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.820% high rate, down from 0.825% the prior week, and the six-months incurred a 0.945% high rate, down from 0.950% the week before.

The Treasury Department said Monday it will sell $55 billion of four-week discount bills Tuesday.

New Jersey’s pension burden continues to worsen, according to a Moody’s Investors Service report.

Municipal bond market participants are returning to work after the long holiday weekend. Traders will be eyeing declining muni yields as they await the start of the week’s new issuance.

Business activity grew at a more subdued pace in New York State, according to firms responding to the April 2017 Empire State Manufacturing Survey.

Puerto Rico bondholders at a meeting Thursday sought substantially better terms from the Puerto Rico Oversight Board and government.