Public finance

Increasing military funding at the expense of domestic programs is likely to have a profound impact on our sovereign nation.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

In the week ended May 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.11% from 4.16% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Illinois is trying to block efforts to put Medicaid providers on par with debt service payments.

The Aurora City Council has passed a $16.5 million bond issue to fund capital projects during the next four years.

The majority of Adams County voters rejected a $35 million school bond issue on Tuesday's ballot as the measure failed.

The Tuscaloosa County School System took a step toward building additional schools by moving forward with a bond sale to finance the projects.

Contra Costa County supervisors on Tuesday approved issuing up to $110 million in construction bonds to pay for a new main county administration building downtown and a new county Emergency Operations Center across town.

Municipal bonds finished narrowly mixed on Thursday as traders began winding up business for the week. There were no major bond sales pricing in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Moody's Investors Service is skeptical of New Jersey’s plans to close a large structural budget gap.

New York City Council members chided Mayor Bill de Blasio for misaligned capital commitments.

Washington lawmakers are working into a second special session as they try to pass a budget.

Progressive Democrats propose $2 trillion of new, direct federal infrastructure funding.

New York City could lose $850 million if Trump's budget passes, city Comptroller Scott Stringer said.

Alaska is fast approaching the point where it needs to resolve its massive budget deficit.

Gary Hall, senior managing director and head of investment banking at Siebert Cisneros Shank, talks infrastructure financing and funding in this climate of uncertainty, the performance and competitiveness of small firms in the market, the re-entrance of UBS as a market player, and what makes the municipal bond market attractive as a career choice for young people. Hosted by Chip Barnett.

Municipal bonds were trading narrowly mixed at mid-session as traders began winding up business for the week. There are no major bond sales set to price in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Municipal bond traders are putting the finishing touches on the week as no major bond sales are set to price in the primary on Thursday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Escalating debt is no major concern for New York’s Metropolitan Transportation Authority, its acting board chairman said.