Investments

Investors downed a deluge of munis in what so far is living up to the billing of the busiest week of the year.

Schools, public transit and medical research are among the beneficiaries of successful bond measures Tuesday in the Lone Star State.

New York City voters take the first step to include a formal rainy day fund in the budget process.

Transportation Secretary James Trogdon says Dale Folwell's allegations of overspending are unsupported.

Taxable municipal issuance leapt to record levels in 2019, but its exponential surge in the past three months may signal an even larger boom on the horizon.

Gov. Wanda Vázquez's bill aims to prevent the commonwealth from pursuing debt practices that have gotten it into trouble.

Voters were willing to spend, approving most of the largest bond issues before them.

Moody's Investors Service upgraded $1.2 billion of general obligation bonds to Aa1 from Aa2.

The unfunded liabilities rose to $137 billion in fiscal 2019 from $134 billion, and the state will have to contribute $600 million more in fiscal 2021.

Gov. Phil Murphy’s administration is exploring a large bond sale to fund equipment upgrades for the commuter rail and bus system.

Municipals weakened along with Treasuries as stocks surged amid good earnings reports and economic data.

The junk-rated school district revised its fiscal 2020 budget to reflect the contract that ended a teachers' strike, but long-term questions remain.

A deal this week will refinance Indiana Finance Authority lease appropriation bonds issued in 2008 for a convention center expansion project.

A special master will hear oral arguments Thursday in the federal lawsuit Florida filed in 2013, as both states incur significant legal costs.

The number of letter rulings fell to four in 2018 when the fee rose to $28,300, from 16 rulings in 2008 when the fee was only $11,500.

All but a $60 million tax-exempt new money piece of UTA's $511.5 million revenue bond deal is taxable.

Ahead of the deal, Moody's revised its outlook on the hospital system's Aa3 rating to positive from stable.

The New Jersey Department of the Treasury released $53.7 million of $104.8 million in suspended transitional aid.

Market attention turns to the taxable sector as some the week’s biggest deals are set to hit the screens.

At an SEC Fixed Income Market Structure Committee meeting on Monday, participants suggested giving out awards to incentivize issuers to submit timely financial information.