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Traders and muni professionals said it was a typical light Monday in the municipal market — with favorable market technicals mixed with some underlying concern on the political front.
April 9 -
People involved in the $3.5 billion sale received notices that there would be no enforcement action.
April 9 -
For the first time in nearly 30 years, Oklahoma has raised taxes to deal with a teachers strike, a credit positive step, says Moody's Investors Service.
April 9 -
Morgan Stanley will run the books on several negotiated deals that are part of about $360 million in local government borrowing planned.
April 9 -
The Legislature's budget failed to provide debt service on some bonds, decimated reserves, and lacked full funding for core services, Gov. Matt Bevin said.
April 9 -
San Diego's regional transportation agency agreed to pay legal fees ending a long-running legal battle with environmental groups.
April 9 -
Even after Hurricane Harvey and the threat of a trade war, local governments in Texas are enjoying a surge in sales taxes as they cope with population growth.
April 9 -
Monticello school district residents rejected a $110 million plan to overhaul the district's schools in a referendum on Thursday.
April 9 -
Retail buyers of municipal bonds got first shot at New York City’s big general obligation bond sale on Monday.
April 9 -
Consumers’ inflation expectations held steady, but respondents’ optimism about labor conditions and income slipped.
April 9 -
Clark County, Nev.’s $648 million Las Vegas stadium bond deal for the NFL’s Raiders is the first since Congress toyed with the idea last year of eliminating the tax-exemption for sports facilities.
April 9 -
The Conference Board's Employment Trends Index (ETI) rose to 107.72 in March from a downwardly revised 107.31 in February.
April 9 -
Federal Reserve Bank of Minneapolis President Neel Kashkari said he’s “sympathetic” to the need to press China to engage in fair trade, yet emphasized it’s too soon to assess the full impact of the U.S.-China trade spat on the economy.
April 9 -
The Federal Reserve should continue gradually raising interest rates if data on consumer prices available by the central bank’s mid-June policy meeting indicate inflation will soon reach the 2% target, Chicago Fed President Charles Evans said.
April 9 -
The board may choose to approve its own version of the plan by April 20, setting up a legal and political fight for control of the Puerto Rico government.
April 6 -
Weekly municipal market volume is expected to sink back below $5 billion in the coming week, making it harder for investors to price bonds.
April 6 -
Clark County will price $647 million in general obligation bonds Wednesday for the NFL stadium.
April 6 -
Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.
April 6 -
Consumer credit increased by $10.6 billion in February to $3.868 trillion, the Federal Reserve reported Friday.
April 6 -
Illinois spreads are rising as the state plots its first sale of 2018 for May.
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