Investments

Municipal bond supply takes a big leap forward during next week’s holiday-shortened trading since markets are closed on Monday for Veterans Day.

J.B. Pritzker coasted to victory without offering much detail about how he plans to solve the state's fiscal problems.

Gov. Andrew Cuomo credited Lhota for stabilizing the subway system.

In the week ended Nov. 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.33% from 4.26% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Approval of two measures is an instrumental step toward fiscal stability but the district still has work to do, according to S&P Global Ratings.

The city in Kansas will issue sales tax and revenue bonds to subsidize about half the cost of an $80 million minor-league baseball stadium.

Munis ended stronger on a day when activity was muted ahead of the Fed leaving rates unchanged.

The incoming chairman of the House Transportation and Infrastructure Committee is optimistic of striking a deal with President Trump on major infrastructure legislation, noting that House Democrats will need White House support to get the Republican-controlled Senate on board.

Stradling, Yocca & Rauth's public finance practice has grown along with California.

Todd Barker appears prepared to have negotiated a monetary settlement with the SEC, while Dwayne Edwards plans to contest the SEC's motion in court.

Alabama-based Burr & Forman will gain McNair's significant public finance presence in South Carolina.

Municipal bonds remained stronger, basking in the afterglow of U.S. election results.

Continued selling would put more pressure on an already burdened secondary market.

The split in our government may enhance chances of infrastructure legislation, dash hopes for Tax Cut 2.0, and leave the muni tax exemption at risk.

Municipals are described as "idiosyncratic" as the municipal yield curve isn’t automatically tracking the Treasury curve. Coupons matter, outflows are manageable, liquidity is strong and munis are attractive to global buyers. Lord Abbett’s Dan Solender, portfolio manager, and Eric Friedland, head of municipal research, discuss all the factors. John Hallacy is host.

The bill would require that new owners respect existing labor contracts and pensions.

West Haven credit quality hinges on plan execution, S&P says

Munis were buoyed by election results indicating that infrastructure may be on the Congressional agenda.

The change in control of the House does end the threat of Republicans terminating the tax-exemption of private activity bonds to help pay for additional tax cuts, but the cost includes the loss of some industry allies such as Rep. Randy Hultgren, R-Ill.

Munis will see some deals price into a slightly stronger market on the heels of Tuesday's midterm elections.