Subject Root Tag

The U.S. Virgin Islands government is seeking federal money to cover hurricane-related expenses and revenue shortfalls.

The primary muni market is set for nearly $10 billion in weekly volume, as deals from Illinois, New York and California dominate the calendar.

Emergency supplemental spending bills for natural disasters often are treated outside the normal budget.

Moody's Investors Service said it upgraded the city of Detroit, Mich.'s issuer rating to B1 from B2.

John Taylor, a candidate to succeed Janet Yellen at the helm of the Federal Reserve, said his advocacy for rules-based monetary policy isn’t an argument for overly constraining central bankers in setting interest rates.

Federal allegations of basketball recruiting violations could lead to sanctions that reduce revenues for the Louisville Arena Authority's bonds.

Wenatchee, Wash. is back to investment grade after a rough couple of years.

The prairie state plans $6 billion of general obligation borrowing over the next two weeks, offerings expected to lure investors with unusually rich yields for a sovereign state credit.

The record $2.5 billion of refunding bonds from North Texas Tollway Authority attracted $19 billion of orders.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to the next week's almost $10 billion new issue slate.

The District of Columbia transaction may have potential on a national level.

The University of Michigan's preliminary October consumer sentiment index reading was 101.1, compared to the final September 95.1 and the preliminary September 95.3, according to market sources.

The value of business inventories rose 0.7% in August, matching a 0.7% gain in business sales, a Commerce Department report Friday showed.

President Donald Trump’s eventual pick to lead the Federal Reserve won’t have much scope to abruptly chart a new policy course, Boston Fed President Eric Rosengren said Friday.

Municipal bond traders on Friday are looking ahead to next week’s new issue slate as yields began the session largely unchanged.

The value of retail sales rose 1.6% in September and were up 1.0% excluding motor vehicle sales following upward revisions in July and August.

The Consumer Price Index rose 0.5%, slightly below expectations for a 0.6% gain, while core CPI rose only 0.1% compared with a 0.2% expected gain, the Bureau of Labor Statistics said on Friday.

In the week ended Oct. 12, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index slipped to 4.02% from 4.03% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

City Council member Paul Krekorian counters that city is still in good financial shape.

The city is looking for banks to lead a tender offer and refunding of bonds issued as part of its bankruptcy exit.