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Long-term issuance in the municipal market virtually matched its record high set in 2016, against the backdrop of tax reform that produced an end-of-year flood of volume, but the outlook for 2018 is less rosy.

Comptroller Scott Stringer said the budget cushion in Mayor Bill de Blasio’s preliminary fiscal 2019 budget is inadequate to ward off any problems as New York's economic expansion slows.

Market sources say the week's deals will be `well received,' while a new report cast doubt on prospects for a near-term supply pickup.

The director of the Honolulu transit project offered to forego $3.8 million.

The power of public employee unions to influence elections and their wage and benefit arrangements could be at stake.

Northeast municipal bond issuance was up 4% from 2016 to $121.3 billion.

Buyers will vie for about $4.8 billion of bonds next week.

With the Federal Reserve’s monetary policy report sticking to the policies professed in its latest post-meeting statement, markets will look to the question and answer sessions Federal Reserve Board Chair Jerome Powell will face from Congress next week.

The plan would expand flexibility and broaden the uses of tax-exempt private activity bonds.

Although large scale asset purchase programs may not be as effective as previously believed, Federal Reserve Bank of Boston President Eric Rosengren said Friday, “it is quite likely” that the programs will be needed in the future.

Investors should minimize risk, upgrade quality, and remain defensive awaiting higher rates and price discovery, according to analyst reports this week.

In the week ended Feb. 22, the Bond Buyer's yield indexes gain from one to two basis points.

Moody's says the decision is another sign of fiscal stress.

Financial advisor and attorney Calvin Grigsby vowed to appeal a judge's ruling finding that his former client has absolute immunity from lawsuits.

As bond lawyers meeting in Phoenix discussed current topics in securities law and enforcement on Thursday, one theme that emerged was the importance of a smart response to SEC inquiries.

New York City had little difficulty completing over $1 billion of bond sales in competitive and negotiated deals on Thursday, even amid concern over rising interest rates.

A plan that passed the state House would divvy up $175 million among state and local governments.

The plan calls for up to $55 million of borrowing to fund 2015 state health and pension benefits.

The merger would create the fifth-largest Catholic health system in the country.

Battle Ground Public Schools hopes the third time will be the charm for school construction funding, as the school board voted 4-1 Wednesday to again put a bond measure before district voters.