News and Information from Bond Buyer

Total November volume was up 58.3% to $33.818 billion versus $21.359 billion a year earlier, but the figure is average over a 10-year period. A combination of factors from policy uncertainty in Washington to fears of rising rates led to the increase.

The refinancing will add $80.5 million to the original 2017 federal loan for the project, bringing the total to $606.7 million.

The change of plea hearing is set for Thursday in a federal court in Mississippi.

The Build Back Better Act contains provisions that could help states finance additional affordable homes.

The governor wants to use savings to address the islands' $3.3 billion pension underfunding.

The Chicago-area transit service boards expect a boost from strong sales tax revenue and discretionary grant funding from the federal infrastructure package.

Economists appear to be less concerned about Omicron, with some saying that even if the variant causes another pandemic wave, it is more likely to "slow rather than interrupt" the global economic recovery.

The House is expected to introduce another temporary government funding bill this week before turning to the debt ceiling issue.

Winter sharpens the political focus on Texas' February power failure and efforts to prevent another.

The forum is urging its members to contribute to scholarship funds to honor the memories of Robert Rosenberg, Carey Gabay, Ned Flynn and Alan Anders.

The Securities and Exchange Commission has charged an Illinois-based broker with defrauding three investors out of $800,000 by luring them into investing in nonexistent tax-exempt bonds.

A majority of firms anticipate less volume in 2022 than the record hit in 2020, but how policies from Washington and the path of overall economic activity in a still-recovering global economy with COVID overhang make predicting volume more difficult.

Municipal yields fell as much as three basis points on Friday as Treasuries soared in a flight-to quality bid as stocks plunged on fears about the emergence of a new COVID variant.

ICI reported $1.43 billion of inflows into municipal bond mutual funds in the week ending Nov. 17, down from $1.61 billion in the previous week.

No consensus on whether the judge will make changes to the plan before approval.

If enacted, Build Back Better would promote economic growth and likely have a limited impact on inflation, ratings agencies say.

Michigan expects to receive at least $10 billion from the federal infrastructure package that will give a boost to the state's Michigan Clean Water and Rebuilding Michigan programs.

Michelle Wu's election was an exception at the local level as voters rejected hard-left candidates and initiatives.

Municipal financial professionals have to work with elected leaders to develop better policies to issue more tax-exempt debt in a fiscally prudent manner otherwise the infrastructure investment gap will likely continue to grow.

Several recent challenges to the Plan of Adjustment that could threaten its approval.