News and Information from Bond Buyer

Robert Lurie, in what he called 'a welcome return to the bond market,' was named executive vice president and CFO of the New York Power Authority.

Tax-exempt money market funds reported inflows of $913.9 million in the week ended May 20, raising total net assets to $258.64 billion according to The Money Fund Report, a service of iMoneyNet.com.

Municipal bonds weakened on the long end Thursday morning and market participants said Treasuries rather than an increase in initial jobless claims were moving the market.

The Treasury Department said it will auction $25 billion 14-day cash management bills on June 3.

The Treasury Department said it will auction $29 billion seven-year notes on Thursday, May 29.

The Treasury Department said it will auction $13 billion one-year 11-month 0.069% floating rate notes on Wednesday, May 28.

The Treasury Department said it will auction $25 billion year bills on May 28.

The Treasury Department said Thursday it will auction $25 billion 91-day bills and $23 billion 183-day discount bills Tuesday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "expanded solidly, and producers' expectations for future factory activity remained at healthy levels," according to the bank's monthly manufacturing survey, released Thursday.

Moody's Investors Service upgraded MBIA's municipal bond insurer National Public Finance Guarantee to A3, from Baa1, the rating agency said late Wednesday. The action reflects the insurer's "improving prospects for generating new insurance," Moody's said.

The composite index of Leading Economic Indicators was up 0.4% in April following a revised 1.0% increase in March, first reported as a 0.8% climb, the Conference Board reported Thursday.

Existing home sales rose 1.3% to a seasonally adjusted 4.65 million unit rate in April from an unrevised 4.59 million pace the previous month, the National Association of Realtors announced Thursday.

If Gov. Jerry Brown's budget proposal gets through the state legislature, California will be on track to continue its fiscal recovery, market experts say.

Initial jobless claims surged 28,000 to 326,000 in the week ended May 17, the Labor Department said Thursday.

The Chicago Fed National Activity Index for April plunged to negative 0.32 from a revised positive 0.34 reading in March, while the three-month moving average (CFNAI-MA3) gained to positive 0.19 from a revised positive 0.04 in March, the Federal Reserve Bank of Chicago reported Thursday.

Moody's Investors Service said it has downgraded the city of Newark, N.J.'s general obligation rating to Baa1 from A3 on $574.5 million general obligation bonds outstanding.

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Week Of June 2 Issuer St Description Amount

Week Of May 19 Issuer St Description Amount

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