Subject Root Tag

Municipal bond volume will fall to $5.5 billion in the upcoming week, with green deals from Illinois and Arizona.

White House chief economic adviser Larry Kudlow called on the Federal Reserve to “immediately” cut interest rates by a half percentage point.

The Illinois Finance Authority takes retail orders Tuesday on the $450 million SRF deal before pricing Wednesday.

After two months of gains from 2018 levels, municipal issuance sank 7% from March last year as the loss of advance refundings continues to take a toll.

Former college official Keith Borge was charged Thursday with defrauding municipal securities investors and concealing the school’s crumbling finances.

The yield curve inverting doesn’t scare Federal Reserve Vice Chair for Supervision Randal Quarles, he said, and he doesn’t see it predicting a recession.

The U.S. economy isn’t likely to slip into recession anytime soon, and there is no reason for the Federal Reserve to cut interest rates, former Fed Chair Janet Yellen said.

The American economy looks on track for continued growth, though the inversion of the yield curve may be signaling that the U.S. central bank may have set policy too tight.

The massive New Jersey and New York agency announced a new underwriting pool for its plans to issue $8 billion of bonds over the next three years.

The University of Michigan's final sentiment index climbed to 98.4 from the prior month’s 93.8, according to a report Friday.

Sales of new U.S. homes rebounded to the best pace in almost a year and exceeded estimates in February.

he MNI Chicago Business Barometer softened in March to 58.7, bringingthe Q1 average to 60.0, its lowest quarterly reading in two years.

Personal income rose 0.2% in February while consumer spending inched up 0.1% in January.

Mike Alagna, head of product strategy for municipal data at Bloomberg, said in a market environment of shrinking margins and everyone being asked to do more with less, technology has saved the day for munis.

In the week ended March 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.87% from 3.96% the previous week.

If the ruling holds, analysts said special revenue bonds may have to be re-evaluated based on the general credit of the issuer.

Connecticut’s GOs hit the market on Thursday as municipal buyers snapped up the last of the week’s sizeable deals.

The House Natural Resources Committee has scheduled a May 2 hearing to examine the successes and failures of PROMESA.

Presidential candidate Sen. Amy Klobuchar rolled out her trillion dollar infrastructure plan, supporting Move America and Build America bonds.

Capital Finance Director David Erdman emphasizes that the Wisconsin's bills and debt service will be paid even if the state budget is late.