Public finance

Municipal bond yields continued their march higher on Wednesday as the primary sector saw a few new deals come to market.

The Tennesee capital will issue $775 million of general obligation improvement bonds.

Nassau County Executive Laura Curran is pushing a bonding proposal to pay for more than $100 million of taxpayer refunds.

Rising interest rates have created a lot of early October red ink in the bond markets, says J.R. Rieger.

The Toledo, Ohio-based healthcare operator will sell $1.5 billion of bonds next week, of which $1.2 billion will be taxable.

The municipal bond market returned from a three-day holiday weekend only to see action pick up where it left off last week — with yields heading higher.

As municipal bond buyers see scant supply head their way this week, savvy investors will be keeping a watchful eye on rising yields.

After seeing yields rise in recent days to close out the week, the muni market will see under $5 billion in the upcoming holiday-shortened week.

The agreement ends an attempt by unsecured creditors to scuttle a restructuring of $4.1 billion bond debt.

Common Good estimates the delays are adding $1.7 billion annually in lost opportunity costs and additional construction costs to the larger Gateway Development project, which includes a new Portal North Bridge in New Jersey.

The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.

The Clark Public Utilities District says improvements are needed for future customer growth.

The District of Columbia Housing Finance Agency priced $74.5 million of tax-exempt bonds.

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.