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In the week ended Dec. 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index nudged up to 3.91% from 3.90% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The municipal bond market will be hurt less than expected by the tax bill with the retention of private activity bonds, but will still be hurt by the loss of advance refundings and the huge reduction in the corporate tax rate to 21%.

The municipal bond market priced deals from Partners Healthcare, South Miami Health and Empire State Development as investors waited for final details of tax law changes affecting private activity bonds.

FINRA said Philip Fluegge violated its rules when he sold shares in municipal fund securities.

City officials said consolidating the boards will improve governance and result in stronger fund performance.

Moody's dropped its outlook on Franciscan Alliance's Aa3 rating to negative from stable.

Municipal bonds have traditionally received short shrift in college finance courses.

The council is exploring legislation to collect around $492 million in delinquent real estate taxes that could aid the city’s school district.

The state government's rising debt burden underscores the need for overhauls to the state’s borrowing rules, according to State Comptroller Thomas DiNapoli.

The municipal bond market saw Empire State Development sell almost $2 billion of bonds in five competitive offerings on Thursday as the market focused on tax changes being worked on in Washington.

The Treasury Department said Thursday it will auction $45 billion 91-day bills and $39 billion 182-day discount bills Monday.

Tim Blake of Moody’s Investors Service talks with The Bond Buyer about why the level of pension funding is now linked to the ratings of state and localities and shares the firm’s views on the financial realities many municipalities face today. John Hallacy is host.

Puerto Rico’s electrical grid is unlikely to be fully restored until the end of May, the head of the U.S. Army Corps of Engineers said Wednesday -- months longer than the timeline offered by the island’s governor.

U.S. import prices rose 0.7% in November after rising 0.1% in October, the Bureau of Labor Statistics reported on Thursday.

Initial claims U.S. state unemployment benefits fell 11,000 to 225,000 in the Dec. 9 week from 236,000 in the prior week, data released by the Labor Department Thursday showed.

The municipal bond market will see two mega-deals hit the screens on Thursday, representing both the negotiated and competitive sectors.

November retail sales rose 0.8% versus the 0.3% gain expected, the Commerce Department reported Thursday.

After several years of sluggish revenue growth, U.S. states enacted cautious budgets for fiscal 2018, according the National Association of State Budget Officers.

Republicans, however, are still negotiating the PAB provisions and have been considering eliminating the ability of issuers to carry forward for up to three years any of their unused allocations of PABs, as well as scrapping some smaller categories.

Creditors clashed in court with bond issuers over claims on revenues for the Employee Retirement System.