Public finance

Municipal bond supply drops off sharply next week with $4.4 billion of volume estimated to hit the screens.

The Oversight Board questioned the legality of an announced rate cut by the power authority, while insurers sought permission to name a receiver.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 4.15%.

Officials say St. Louis must spend $175 million to stay competitive in a convention center arms race.

Issuance was light as the municipal bond market got hammered by jumping Treasury yields.

John F. Kennedy International Airport gets its day in the redevelopment sun with the announcement of a $13 billion plan.

After three quarters, only Morgan Stanley and Jefferies have increased par amount underwritten from last year.

State Auditor Elaine Howle said the state's housing department's oversight of bond expenditures is inconsistent.

While Natalie Cohen has retired from Wells Fargo Securities, she will remain a force in the municipal bond marketplace.

Munis weakened significantly for the second day in a row after the 10-year Treasury hit 3.1268% Wednesday, its highest point since 2011.

The undertaking, for which the city has already allocated $760 million, seeks to establish flood protection 2.4 miles from Montgomery Street north to East 25th Street.

Puerto Rico entities paid millions for rejected proposals, lost $1.1 billion on risky interest rate bets.

Eric Glass, portfolio manager at AllianceBernstein, explains why green bonds are important and the bugaboos that currently curtail further issuance. Aaron Weitzman hosts.

A hearing on the unsecured creditors' bid for standing was postponed to Friday to allow time for the talks.

Municipal bond prices weakened as supply flooded into the primary sector.

Included in the FAA reauthorization package is $1.68 billion in supplemental disaster funding that would help cover the cost of recovery and rebuilding from Hurricane Florence last month.

Changes in tax rates made mutual funds, not banks, the main driver of demand on the long end. The change has had the effect of pushing yields on long-term munis higher.

Municipal bond buyers saw more volume hit the screens on Wednesday as the big New Jersey deal came to market.

Municipal bond market participants offered their views on how California will confront housing, education and transportation challenges.

Citi is slated to price the $1.56 billion New Jersey Transportation Trust Fund Authority revenue bond deal Wednesday.