News and Information from Bond Buyer

Acrimony between Ill. Gov. Bruce Rauner and the General Assembly’s Democratic majority over a fiscal 2016 budget is building as both sides posture ahead of the May 31 adjournment date

Prices of top-quality municipal bonds were stronger at mid-session, traders said, with yields on some maturities falling by as much as three basis points.

Tender rates for the Treasury Department's latest 91-day and 183-day discount bills were mixed, as the three-months incurred a 0.015% high rate, unchanged from 0.015% the prior week, and the six-months incurred an 0.085% high rate, up from 0.080% the week before.

A new report identified five struggling Chicago-area suburbs as most vulnerable to a Chapter 9 filing if state law is changed to permit it.

The Treasury Department said Tuesday it will sell $45 billion of four-week discount bills Wednesday.

Indicator Last Report Forecast Actual Durable Goods March: +5.1% April: -0.4% April: -0.5% Durable Goods ex-trans March: +0.6% April: +0.4% April: +0.5% Consumer Confidence April: 94.3 May: 95.0 May: 95.4 New Home Sales March: 484,000 April: 510,000 April: 517,000

Which local governments might use the bankruptcy option if Gov. Bruce Rauner’s bankruptcy bill is enacted?

Texas factory activity, as measured by the production index, "declined in April," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Tuesday.

The region's non-manufacturing sector surged in May, as the general business conditions index climbed to 54.5 from 41.0 in April, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Service sector activity "improved in May," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "flattened in May," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index improved to positive 1 in April from negative 8 in March.

The consumer confidence index rose to 95.4 in May from a revised 94.3 last month, The Conference Board reported Tuesday.

Sales of new single-family homes climbed 6.8% to a 517,000 seasonally adjusted annual rate in April, according to data released by the Commerce Department Tuesday.

Standard & Poor's Ratings Services said it lowered its rating on Cazenovia Central School District, N.Y.'s general obligation debt one notch to AA-minus from AA.

Tuesday, May 26 Issuer St Description Amount

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Week Of May 26 Issuer St Description Amount

Week Of May 26 Issuer St Description Amount

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