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New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.

In the week ended Jan. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.84% from 3.81% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Henry Dachowitz replaces Tony Saunders, who left the county last April.

Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.

The first meeting of the Securities and Exchange Commission’s Fixed Income Market Structure Advisory Committee focused mostly on corporate bonds and barely addressed the municipal securities market.

As state lawmakers confront a $1 billion budget gap, an 11.2% increase in revenues may be short-lived, budget director says.

Low interest rates may not be a “serious problem” and while tax reform will support near-term growth, it will add to the long-term burdens on the economy, Federal Reserve Bank of New York President William Dudley said Thursday.

The promotion for Heather Wendell was among a series of key appointments made by acting chief executive Janice Jackson.

The public finance banking team is led by veteran banker Jack Holland.

Bob Spangler and Jim Tricolli will assume responsibilities as RBC's co-heads of municipal finance as Hamel steps away from the top-five underwriter.

New Jersey’s escalating pension burden threatens to derail future budget plans, a report said.

The federal government ran a $23.2 billion deficit in December, the Treasury Department reported Thursday.

The Treasury Department Thursday auctioned $12 billion of 29-year 10-month bonds with a 2 3/4% coupon at a 2.867% high yield (2.801% at original auction), a price of 97.660428.

The Anderson Community Schools Board of Trustees on Tuesday voted in favor of starting the process toward two May 8 bond referendums by unanimously approving four resolutions.

High Point, N.C., will go to the bond market next week to borrow the money for construction of its downtown stadium.

Gov. Jerry Brown's $190.1 billion spending plan emphasizes stockpiling reserves, but fellow Democrats in the legislature want more spending.

Gov. Dannel Malloy urged lawmakers to replenish the Special Transportation Fund.

Santa Fe Public Schools is launching a campaign to win voter approval for the renewal of a 2-mill property tax levy to pay for things the average person often doesn't see in schools.

Many of the 41 states with their own income taxes will have to decide whether to enact laws conforming to the new federal tax code.

Municipal bond buyers saw some taxable supply hit the screens on Thursday as the recent yield rise slowed and traders' attention shifted to next week’s holiday-shortened week.