Public finance

Falling crime rates and rising graduation rates were highlighted in the New York City Mayor’s management report for fiscal 2018.

Munis were weaker as the market waited for the week’s supply and Larry Kudlow, the president’s assistant on economic policy, discounted the risk of a recession.

The municipal bond market is ready and waiting for the biggest sale of the week on Tuesday, but retail investors got the first shot Monday.

Institutional investors are looking forward to this week’s top-rated muni deal from the Texas Water Board, which is selling $1.6 billion of revenue bonds.

The fallout from a 2017 federal fraud case is continuing to impact bond investors with the latest development involving the loss of tax-exempt status for bonds that were issued for two assisted living facilities in Georgia.

Mayor Bill de Blasio and Comptroller Scott Stringer want to double energy efficiency investment to $4 billion over three years.

The municipal bond market will be ready and waiting for the $7 billion of new issuance, including the first billion dollar deal in nearly five weeks.

Thefirefighters' pension fund says Chicago shorted it $3.3 million, and wants to use an Illinois law to intercept state grant funds.

The committee is holding a public hearing on its report on the causes of the debt crisis on Sept. 18 in San Juan.

Two state senators are backing a proposal to toll low-occupancy vehicles in carpool lanes on highways that currently lack tolls.

Municipal bond traders will see a healthy new issue calendar hit the market next week.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.07% from 4.03% the week before.

The Unsecured Creditors Committee continued an effort to change the deal in a hearing on Thursday.

This week’s trading volume indicates there will be robust demand for municipal bonds, Morgan Stanley Wealth Management says.

The federal government ran a $214.1 billion deficit in August.

Municipal bonds were little changed on Thursday as a big sale out of Nevada hit the screens.

Rating agencies affirmed double-A-plus ratings ahead of the deal.

They are also trying to take over representation of the Puerto Rico authorities in Government Development Bank debt restructuring.

The Downriver Utility Wastewater Authority will sell $57 million of debt.

The authority hasn't sold bonds since 2010.