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Most of the more than $6 billion of bond proposals on local ballots passed, but some large issues fell short.

Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank can accommodate an overshoot of its inflation target and he isn’t worried by the impact of oil prices rising past $70 a barrel.

The municipal bond market will see another moderate new issue calendar this week, with about $4.9 billion of offerings going up for sale

While low volume is frustrating for investors, scarcity is driving demand as buyers have realized they cannot wait for something that will not come. Although this week lacks a large deal, it is full of medium sized deals from a variety of issuers.

Its effect would hinge on party control of the General Assembly in 2022, given the open-endedness of the legislation.

The Conference Board's Employment Trends Index (ETI) rose to 108.08 in April from a downwardly revised 107.37 in March.

Lorie Logan, a senior vice president at the New York Fed, said that she saw “virtually no chance of going back to the pre-crisis balance sheet size of $800 billion.’’

Many lawmakers in Congress have deferred to the high court on the issue in the belief that helping state and local governments collect sales tax for e-commerce might be construed as a new tax rather than an enforcement measure.

The expected GFOA guidance will come as governmental units prepare to meet a Jan. 1, 2020 deadline set by the Government Accounting Standards Board for treating all leases as financings for the right to use an underlying asset.

Build America Mutual's Les Richmond said that state and local governments might want to consider their disclosure obligations in the light of the more robust risk assessments they'll soon begin getting from their actuaries.

Reinstatement of advance refundings could be packaged with infrastructure legislation because many state and local governments have used the savings to finance new infrastructure.

The Securities Industry and Financial Markets Association's newest model documents incorporate months of experience with the year-old issue price regulations, which most issuers think are working well.

Issuers and the MSRB are mostly on the same page about primary offering practices that may warrant scrutiny, but some members of the GFOA's debt committee are concerned about "regulatory creep."

Puerto Rico would have to have a vibrant economy and a stable government that is fiscally sound, said Rep. Rob Bishop.

Missouri lawmakers could move to remove their governor or take other punitive action.

The city won back its investment-grade rating ahead of the refunding deal that marks its return.

Another low volume week is on top, but the scarcity value is driving demand as the market continues to be strong in the face of rising interest rates.

The Harvey, Illinois, fiscal crisis highlights bondholder risks posed by pension underfunding, Moody's says.

Newly issued Treasury securities held in stripped form increased about $5.475 billion in April to a total of $279.954 billion.

The $914 million deal will help finance a $7.4 billion project to renovate and expand the airport.