Public finance

While yields on the 20-bond, 11-bond, and revenue bond indexes climbed two basis points in the week ended Nov. 2, the Bond Buyer 40 index's yield declined one.

Mayor Jim Kenney wants local control returned to the city’s junk-rated school district, which would come at a cost.

Market participants reacted negatively to the proposal in the tax reform bill to eliminate advanced refundings and private activity bonds, saying it would crimp volume and the savings issuers can get when rates fall. In the primary, strong demand met a Virginia issuer's $737 million PAB.

Nine states, including Texas and Virginia, received the lowest D-minus grade from the Volcker Alliance for handling retirement costs.

Strong legal and structural protections earned the debt top grades from Kroll and Fitch. S&P wasn't as bullish.

The referendum asks voters in Mecklenburg County, N.C.’s to approve bonds for schools.

Moody's cited the city's reliance on nonrecurring revenues.

Municipals and Treasuries were stronger around midday, with the GOP releasing some details of its tax bill and ahead of President Trump’s expected nomination of Jerome Powell as Fed chair.

Municipal bond prices rose as the week's biggest issue is scheduled to price.

Royal Oak Township had been under the agreement since 2014.

A handful of issuers took advantage of low activity Wednesday as the market anticipated the decision to keep the benchmark fed funds rate unchanged.

Cook County commissioners urged not to use one-shots to balance 2018 budget.

Restoring electrical service as quickly as possible is a key to reviving the island’s economy.

The primary municipal bond market saw a few deals trickle in on Wednesday, as the Federal Open Market Committee's announcement regarding interest rates nears.

The state faces a budget deficit, lower-than-expected tax revenues and federal funding cuts.

Funding shortfalls, delayed expansion projects, and gridlock threaten the viability of the Amazon bids, according to the Tri-State Transportation Campaign.

Tax rates on marijuana could equal 45% of the price, according to Fitch Ratings.

The owners of Florida’s private passenger train project want to beat the Jan. 1 expiration date of a private activity bond allocation.

The primary municipal bond market will see a handful of deals price Wednesday, as it waits for the Federal Open Market Committee to make an announcement regarding interest rates.

The governor's action ends a five-month impasse over the biennial spending plan, though work remains at the state capitol.