Public finance

Michael Zezas, managing director of research at Morgan Stanley, notes that muni yields have not fallen as quickly as the Treasury equivalents and recession risk climbs the longer the coronavirus persists. Layer on top of those items the incipient oil competition and quite a storm is brewing. Even liquidity is becoming "disorderly." John Hallacy hosts.

The municipal market was hammered Wednesday by the COVID-19 pandemic with a more than quarter point correction in AAA benchmarks, issuers pulling deals off the shelves and more reports of pricing and evaluation confusion.

Benjamin, who is mayor of Columbia, South Carolina, will co-chair the law firm's public finance and affordable housing practices.

Wisconsin's capital finance director says the market offers savings on state bonds he never thought would be refunding candidates.

Congressional offices may decide to minimize or ban face-to-face meetings as virus concerns grow.

Uncertainty continues to hang over financial markets due to COVID-19. Stocks rebounded somewhat Tuesday while muni yields rose as much as 16 basis points — Tuesday saw a correction of sorts.

Shawnee County, Kan., commissioners on Monday approved issuing $150 million in industrial revenue bonds for a massive new Walmart distribution center to be built just south of Topeka.

Bernie Sanders and Joe Biden are proposing to spend hundreds of billions of dollars that would require the support of lawmakers in both chambers of Congress.

The public agency that owns the city's convention center will consider the expansion project and a financing plan next month.

Port Authority of New York and New Jersey Executive Director Rick Cotton plans to maintain day-to-day operations from home after a positive coronavirus test.

Many businesses have implemented policies to limit non-essential travel, which is likely to have impacted the biennial presentation to municipal bond investors.

Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.

Dan DiSalvo, a Manhattan Institute senior fellow, explains how the state provides a model for tackling other post-employment benefits liability. Paul Burton hosts.

As COVID-19 wreaks havoc on global markets, munis try to keep pace.

S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.

The municipal bond market will see a slew of supply price this week as issuers and investors buffeted by uncertainty, volatility and outright panic. California is selling $2.2 billion of GO bonds, which investors will seek out as a safe haven in these unstable times.

The revenue package for the $18 billion bond bill includes a proposed rise in gas and corporate taxes that Gov. Charlie Baker opposes.

Michigan voters head to the polls on March 10 to decide on more than $600 million of school boding proposals.

As fear and uncertainty over COVID-19 rapidly grow, it has sent yields for both municipals and Treasuries to never before seen low levels — begging the question if we could see zero or negative yields here in the States?

The Metropolitan Pier and Exposition Authority updated its latest offering statement to warn of the risk posed to its bottom line as did two systems with upcoming deals.