Public finance

In the week ended July 5, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index dipped to 3.97% from 3.98% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Johara Farhadieh will maintain her responsibilities as CIO as she takes up the executive director role.

Municipals remained stronger into the close on Thursday as the minutes from the last Federal Reserve meeting were released.

New Jersey’s police officers and firefighters received control over their pension management decisions.

CDFA said it is surveying local, state and multi-jurisdictional issuers about private activity bond fees in conduit transactions.

The board responded that it would vigorously defend its budget and fiscal plan.

A sluggish and somewhat skittish tone kicked off the post-July 4th trading on Thursday.

Better management may not be enough for Hartford and other Connecticut cities, says the Manhattan Institute.

The government expects more than $600 million in additional revenues over 10 years.

Six straight treasurers want SEC chairman Jay Clayton to stay the course on the commission's forced arbitration policy.

Muni finished stronger Tuesday in an abbreviated trading session. Markets are closed Wednesday and trading will resume on Thursday.

Michigan needs to spend $4 billion more each year for upkeep of the state's transportation, water and communications infrastructure.

The public-housing authority's latest capital-needs assessment cited a $32 billion repair backlog.

A New Jersey school bond proposal that was expanded following February’s Florida shooting massacre is a step closer to reaching voters.

Governor Ricardo Rossello called for an extraordinary session of the legislature in a bid to make the island more attractive for investment by peeling back worker protections.

Municipals were stronger as bond market participants were winding up their activity ahead of the early close.

All Aboard Florida is seeking a right of way lease to expand its Brightline-branded passenger train service from Orlando to Tampa.

The Hudson Tunnel project would provide passengers traveling along Amtrak’s North East Corridor and NJ Transit commuters who work in Manhattan with a reliable link to replace a more than 100-year-old tunnel that was damaged by Hurricane Sandy.

Three rulings by the U.S. Supreme Court this term will have a lasting impact on the finances of many municipal bond issuers, Fiera Capital says.

A panel of Senate and House negotiators have yet to reconcile their versions of a $41 billion plan.