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Yields on the long end of the curve dropped as much as seven basis points while very short yields rose.

With data from the two worst months of the year so far, state and local analysts are beginning to size up expected revenue losses.

The Volunteer State reported a nearly 16% decline in revenues in April, much of which was due to stay-at-home orders and delayed tax filings.

The National League of Cities estimates only $8.8 billion of the $150 billion Coronavirus Relief Fund had gone to municipalities and counties under 500,000 population as of June 10.

Municipalities have been counting on another round of stimulus from the federal government.

The bond-funded New Jersey megamall has never fully opened and there's no timetable for reopening following the coronavirus-induced shutdown.

One day after the FOMC said it would keep rates where they are, the short-end of the yield curve inverted.

Asset managers maintain key strategies, but take advantage of post-pandemic opportunities amid overall stabilization.

The authority may fail to pay $49 million of BANs, observers say.

Oregon's $320.4 million of taxable GO bonds were 7.7 times oversubscribed in some maturities.

Lynn Martin, president & COO of ICE Data Services, also owner of the New York Stock Exchange, talks about ICE's role in pricing, its municipal evaluation services and just how the municipal market itself is resilient. Chip Barnett, senior markets reporter hosts with another Lynn(e), innovation editor at The Bond Buyer.

Daily report for June 11, 2020.

Recovery seen next year, but rates stay low.

The market looks forward to Thursday's $3.3 billion note deal from DASNY after handling a sizable calendar Wednesday.

S&P cut its outlook on Berwyn, Illinois, GO and securitization bonds to negative over risks posed by the pandemic-induced economic shutdown and recession.

Spoiler alert: Not much. What makes a May Friday a relative oddity is that it was just the first time in 2020 the 30-year UST ended the day unchanged, the second longest span of continuous yield activity since the U.S. government began benchmarking maturities in the late 1970s.

New Jersey Transit’s capital funding needs could get a boost from GOs if state lawmakers green light a proposal authorizing in new debt for the state.

A water advocacy group asked policymakers to create a muni bond short-note program specifically for water utilities.

If additional federal aid is not approved in July, one NLC official predicts there will be “a cratering of local budgets.”

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.