Investments

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

The Treasury Department Tuesday auctioned $50 billion of four-week bills at a 1.045% high yield, a price of 99.918722.

New York and Illinois deals top Tuesday’s new issue slate as municipal bond traders get ready to gobble up some deals in the primary.

Below-estimate state general fund revenues complicate pension funding decisions.

Developments on the tax reform front were not far from municipal bond traders' minds as they saw the first of the week’s new issues hit the screens on Monday.

The successful referendum to expand Medicaid eligibility is a credit negative, according to Moody’s Investors Service.

A bankruptcy court judge is weighing whether the municipal government-sponsored project qualifies for Chapter 11.

With a record $12 billion of bond proposals on ballots across Texas, voters approved more than 91%, according to the Texas Comptroller's Office

The federal government ran a $63.2 billion deficit in October, the Treasury Department reported Monday.

Title III bankruptcy Judge Laura Taylor Swain ruled that the Puerto Rico Oversight Board didn’t have the power to replace the leader of the Puerto Rico Electric Power Authority.

The elimination of private activity bonds would remove a financing tool that supports many public private partnerships.

While Congress sets its focus on overhauling the nation's tax code, one provision of plans introduced in both the U.S. House and Senate could have unexpected and far-reaching implications for LSU fans.

Estimated total bond volume for the week is $9.897 billion, which consists of $6.644 billion of negotiated deals and $3.253 billion of competitive sales.

New York's MTA is pouring its capital into projects that don't reflect population growth, says a Manhattan Institute report.

Tax reform legislation will be front and center this week, snatching the market’s attention as Congress moves ahead with measures that will change the bond marketplace in the near- and long-term. Both the House and Senate are taking up muni proposals that will directly impact issuers, underwriters and bond buyers.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.240% high rate, and the six-months incurred a 1.360% high rate.

The Treasury Department said Monday it will sell $50 billion of four-week discount bills Tuesday.

Municipal bond traders will see a chunky new issue calendar this week as the market’s focus will be on Washington, where Congress will continue to work on tax reform legislation.

The Title III Puerto Rico bankruptcy judge will hear arguments Monday on the Puerto Rico Oversight Board’s motion to replace the Puerto Rico Electric Power Authority’s leader.

The municipal market will get another healthy dose of issuance in the final full week before Thanksgiving. The calendar is chock full of deals from Illinois, as all issuers look to price bonds before the tax laws change.