Subject Root Tag

While leaders Powell and Clarida see a growing case for accommodation, Kashkari, Bullard say the need for a rate cut is already here.

A day after the Fed held rates, the market was “fatigued” on the long end, while the shortend saw improvement after a more dovish tone from the FOMC.

They say a ruling in the Aurelius case reinforces their contention that the Puerto Rico Oversight Board is a federal body.

Cook County, Illinois president says new taxes or fees are on table to close the shortfall.

The U.S. Supreme Court agreed to hear a case that could upend the work of the oversight board tasked with pulling Puerto Rico out of its record bankruptcy.

Strong government support fueled a two-notch upgrade for the Washington D.C.’s mass transit system despite drops in ridership.

Citibank joins UBS and Deutsche Bank in settling with the State Bond Commission over manipulation of the Libor rate.

The new events became effective in late February, and hundreds of Event 15 disclosures have filed in, with just a handful of Event 16 filings.

A recent NABL webinar reminded the market that MAs can face liability under anti-fraud provisions of the Securities Exchange Act.

Lawmakers are plowing through a pile of trailer bills, including two tax increases, that must pass to avoid blowing a hole in their $214.8 billion budget.

The markets are pricing in a 25 basis point Fed rate cut in July, as Thursday’s indicators showed continued manufacturing weakness.

President Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people familiar with the matter.

Mark Paris and Stephanie Larosiliere of Invesco are optimistic on technicals in the municipal bond market given the length of this business cycle. John Hallacy hosts.

Citigroup, the largest underwriter for collateralized loan obligations, is introducing an electronic platform for orders in the secondary market for CLOs.

The Peach State hit the municipal market with a bevy of bond sales on Wednesday.

ICE Data Services launched its ICE US Broad Municipal Index, which tracks the performance of over 58,000 investment-grade tax-exempt munis.

While the statement said the panel will “act as appropriate,” the dot plot showed as many expect a cut as foresee no change.

The Oversight Board has reached an agreement with the Committee of Retirees that makes a flat 8.5% cut to pensions over $1,200 a month and does not change payments to the 61% of current retirees who receive monthly pensions of $1,200 or less.

Maine avoided political infighting and adopted its $7.98 billion two-year budget well before deadline.

S&P upgraded the city's Lambert International Airport ahead of the sale that was the subject of a tussle between city leaders.