News and Information from Bond Buyer

Tradeweb Markets completed the purchase of BondDesk and rolled out its rebranded retail group, called Tradeweb Direct.

Moody's Investors Service revised its outlook to negative on Indiana-based Franciscan Alliance, affecting more than $1.1 billion of debt.

Two government boards in New Jersey gave approvals that bring a $748 million high yield bond closer to sale.

The municipal bond market weakened Friday, following Treasuries, after eight days of steady to stronger gains that pushed yields lower by nearly 20 basis points.

Illinois' unfunded pension obligations have hit the $100 billion mark for the first time based on fiscal 2013 results that showed further deterioration, according to a new Civic Federation of Chicago report.

Dealer groups are telling the Municipal Securities Rulemaking Board that they worry too much pricing data will confuse investors and hurt the secondary market.

Richmond Federal Reserve President Jeffrey Lacker Friday said any decision by the Fed to taper its monthly bond-buying program would not represent monetary tightening.

Standard & Poor's Ratings Services said it raised its school issuer credit rating on Wilson School District, Pa.'s general obligation bonds to AA from AA-minus.

Ahead of a $30 million deal, ratings analysts said Michigan continues to rebound from recession and appears well protected against fallout from the Chapter 9 bankruptcy of its largest city, Detroit.

Standard & Poor's Ratings Services said it lowered to A-plus from AA-minus its rating on North Carolina Medical Care Commission's health facilities revenue bonds, issued for the Wake Forest Baptist Obligated Group (WFB).

Virginia's new $1.4 billion per year transportation infrastructure plan has become a point of contention between the Democratic and Republican candidates for governor.

Activity in the tax-exempt market was higher than a typically quiet Friday as next week's largest deal held a retail order period and munis traded weaker after a 20 basis point drop in yields over the last eight sessions.

Jefferson County, Ala., plans to sell $1.7 billion of refunding sewer warrants before it exits Chapter 9 bankruptcy, according to County Commission President David Carrington.

California's plan to reduce greenhouse gas emissions will likely be management for state public power agencies, according to Fitch Ratings.

The federal government approved a $1.6 billion Transportation Infrastructure Finance and Innovation Act loan for the New York Thruway Authority’s new Tappan Zee Bridge.

For Puerto Rico allaying fears of a default has become as important as fixing its finances as secondary market yields soar for the commonwealth's bonds.

St. Louis Federal Reserve Bank President James Bullard said Friday Wednesday's meeting of the Federal Open Market Committee was not the right time to begin tapering the Fed's asset purchases, but that third quarter GDP tracking has been moving higher and he is still optimistic growth will pick up next year.

The municipal bond market received a boost from Nov. 1 reinvestment money from maturing bonds and coupon payments that helped spur activity in the secondary market Friday morning.

Potential volume for next week is $5,773.1 million, up from total sales of $5,055.9 million this week.