Primary bond market

The West Virginia House adopted a resolution that would authorize $1.6 billion in bonds, which is the cornerstone of Gov. Jim Justice's road program.

Transportation bills now headed to negotiations in the state Capitol include increases in funding, but members of the Area Transportation Partnership for Southwest Minnesota are not optimistic that the region's needs will be met.

Katy ISD's bond process is officially underway.

Wells Fargo dropped to eighth place among municipal underwriters, hurt by last year's phony accounts scandal. Citi maintained its lead in the ranking.

New York traders on Monday were looking over the retail pricing of the big NYC Transitional Finance Authority negotiated deal. Muni finished unchanged in quiet trading as Passover kept price action muted.

Municipal bonds were unchanged in quiet trading at mid-session, according to traders, who were awaiting the first deals on the week’s $5.69 billion holiday calendar.

The municipal bond market is looking at a holiday-shortened trading week, with most of the action jammed into Tuesday and Wednesday. New issue supply is forecast at $5.69 million.

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

Municipal market participants will see a little more volume to go along with one less work day next week, on the heels of Friday's weaker-than-expected March employment report.

Municipal bonds remained stronger at mid-session, after the March employment report came in weaker than expected and ahead of next week’s new issue calendar.

Municipal bonds strengthened in early activity, traders said, after the March employment report came in weaker than expected.

Municipal bonds ended stronger on Thursday as the last big deals of the week hit the muni market, led by the institutional pricings of the large Massachusetts and California offerings.

Municipal bonds were trading stronger at mid-session as the largest deal of the week hit the municipal bond market.

The largest deal of the week hit the municipal bond market early on Thursday with the institutional pricing of Massachusetts’ general obligation bond offering.

Moody’s Investors Service downgraded $13 billion in Puerto Rico bonds on Wednesday, citing increasing pessimism about recoveries on the bonds.

A federal appeals court upheld a stay on debt-related lawsuits in a key Puerto Rico lawsuit, reversing a lower court decision.

Municipal bonds ended stronger on Wednesday as large deals from issuers in New Jersey and California hit the market.

Wayne County, Mich.’s fiscal chief who played a central role in its financial recovery is leaving to launch a private equity and turnaround firm.

Midwestern voters loosened their purse strings to approve Kansas City, Missouri’s $800 million infrastructure referendum but held fast against St. Louis’ public financing request for a new soccer stadium.

Buffalo, N.Y. received an improved credit outlook from two rating agencies ahead of a planned bond sale to address capital improvements.