News and Information from Bond Buyer

Seyfarth Shaw LLP has added attorney John W. Mills III as a partner in the firm’s litigation department in Atlanta.

Top-quality municipal bonds ended stronger on Wednesday, traders said, as market participants wait to see some new deals come their way, with the bulk of the $3 billion calendar set for sale on Thursday.

The Chicago Transit Authority hits the market as soon as Tuesday with $325 million of sales tax receipts revenue bonds under a new second lien.

A Texas court will determine if a proposed high-speed rail line can use eminent domain to survey and acquire land.

Former Miami budget director Michael Boudreaux is asking a federal judge for a new trial over Securities and Exchange Commission charges that he committed securities fraud because he believes the previous trial was unfairly prejudiced against him.

Connecticut must enact pension system overhaul that balances fiscal responsibility and retirees’ needs, Gov. Dannel Malloy said in his State of the State speech.

Former Michigan state representative Al Pscholka, who chaired the House Appropriations Committee and sponsored the state's controversial emergency manager law, will take over the state budget director's position in mid-February.

The U.S. Department of Transportation told a Florida congressman who made inquiries about All Aboard Florida’s financing that it “does not evaluate ridership, revenue, or creditworthiness” for private activity bond allocations.

Top-quality municipal bonds were stronger at mid-session, traders said, as market participants wait to see some new deals come their way, with the bulk of the $3 billion calendar set for sale on Thursday.

Oyster Bay Town Supervisor John Venditto is resigning his post at the close of business Wednesday two and a half months after the leader of New York State’s fourth largest township was indicted on federal corruption charges.

President-elect Donald Trump’s pick of New York lawyer Jay Clayton to lead the Securities and Exchange Commission represents a balanced choice for the agency in line with Trump’s focus on deregulation but municipal participants will likely have to wait to find out what impact he may have on the muni market, individuals and groups said.

Eight northeast issuers with a combined $382.3 million in debt have been placed on review by Moody's Investors Service.

About 4,797,000 online job postings appeared on leading internet job boards in December, an increase of 74,000 from November, the Conference Board reported Wednesday.

Top-quality municipal bonds were stronger in early activity, traders said.

"New York City purchasing managers shared a surge of forward looking optimism to end 2016," as the current business conditions index increased to 63.8 in December from 52.5 in November, the Institute for Supply Management-New York's Report on Business index, released Wednesday, indicated.

Wednesday, January 4 Issuer St Description Amount

Wednesday, January 4 Issuer St Description Amount

Week Of January 3 Issuer St Description Amount

Week Of January 3 Issuer St Description Amount

Jan. 4, 2017 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois Baa2/BBB/BBB+ 2.12 3.94 4.66 5.3 Indiana Aaa/AAA/AA+ 0.97 1.85 2.43 3.16 Iowa Aaa/AAA/AAA 0.97 1.84 2.41 3.14 Michigan Aa1/AA-/AA 1.02 1.93 2.53 3.28 Minnesota Aa1/AA+/AAA 0.98 1.81 2.35 3.05 Missouri Aaa/AAA/AAA 0.97 1.79 2.32 3.05 Nebraska NR/AAA/NR 0.97 1.87 2.48 3.24 North Dakota Aa1/AA+/NR 1.01 1.91 2.51 3.24 Ohio Aa1/AA+/AA+ 1.01 1.89 2.46 3.2 South Dakota NR/AA+/AAA 0.99 1.87 2.51 3.26 Wisconsin Aa2/AA/AA 1 1.88 2.49 3.22