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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.

The Alamance-Burlington Board of Education entered their Tuesday, Jan. 9 work session expecting to be wowed by the bells and whistles of the proposed $150 million bond.

S&P Global Ratings said it lowered its long-term rating on Missouri Western State University's (MWSU) series 2008, 2010B, and 2012 to BBB-plus from A-minus.

Puerto Rico bondholders will have to wait until Jan. 24 for details on how much their payments may be reduced because of hurricane devastation.

The Treasury Department said Thursday it will sell $45 billion of four-week discount bills Tuesday, down from $50 billion last week.

Dawn Mangerson, senior portfolio manager at McDonnell Investment Management talks about the ramifications of the new tax legislation and articulates her concerns for municipals in 2018. Aaron Weitzman and Chip Barnett co-host.

The Municipal Securities Rulemaking Board’s net assets rose about $5.1 million to $74.4M in fiscal 2017, according to audited financial statements, adding to a healthy reserve the MSRB said it needs to ensure uninterrupted operations.

Municipal bond buyers are seeing the last of this week’s big deals hit the screens on Thursday as their eyes turn to next week’s new issue slate.

Initial jobless claims rose by 11,000 to 261,000 in the Jan. 6 week, well ahead of the 245,000 level expected and above the recent trend.

Final demand PPI fell by 0.1% in December, well below the 0.2% gain expected, with an equally disappointing 0.1% decline outside of food and energy prices.

The annual revisions to the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey changed numbers for most months, but the pattern remained the same, the Bank said Thursday.