Investments

The Treasury Department Thursday auctioned $15 billion of 30-year bonds with a 2 3/4% coupon at a 2.801% high yield, a price of 98.969630.

The last of the week’s big municipal bond deals came to market on Thursday as municipals wavered in mid-session trade.

The Treasury Department said Thursday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.

Mayor Bill de Blasio's advisors worry about the effect of eliminating advance refundings and private activity bonds.

Two triple-A rated states received a D-minus in the pension and OPEB category.

Market participants are waiting for the last major deal of the week to price while also hoping for some clarity on the tax reform situation.

Senate Finance Commitee chairman Orrin Hatch's tax proposal will likely be kinder to municipal bonds than the House's bill, but harder on states and localities.

The state reported a small jump in its unfunded burden while its funded ratio saw a sliver of improvement.

Voters in seven California cities approved marijuana taxes Tuesday.

Deals came in waves in the busiest day of the week Wednesday, with the market firming and most issuers able to lower yields.

The bond proceeds and matching federal funds mean Illinois will pay off $8.5 billion of bills.

Mike Duggan won another term in Detroit, and Flint's Karen Walker beat back a recall effort.

Voters in Houston approved the measure by a more than three-to-one margin.

Faced with dueling bond proposals, Portland voters overwhelmingly decided to borrow $64.3 million to renovate Longfellow, Lyseth, Presumpscot and Reiche elementary schools in a plan that was backed by a majority of school board and City Council members.

Voters in Clarkston said no to a school bond and voters in Pullman unseated two longtime school board incumbents Tuesday.

The $82.375 million bond referendum on the ballot in Winona went down by a margin of about 10-to-1.

Voters brought change to both the Atlantic City and New Jersey governments in Tuesday's election.

Eddy County Commissioners unanimously approved an industrial revenue bond for a company planning to build and operate a natural gas plant within the county.

The Treasury Department auctioned $23 billion of 10-year notes with a 2 1/4% coupon at a 2.314% high yield, a price of 99.431569.

Kansas City voters advanced a proposed P3 to rebuild the city's airport terminal.