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A major theme dominated the bond market for most of 1997 - favorable interest rates. After rising until about the time Congress and President Clinton reached a balanced budget agreement [...]

WASHINGTON -- The Treasury Department said yesterday it will raise $1 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $34 billion [...]

WASHINGTON -- Andrew G. Petillon has been appointed an associate regional director for enforcement in the Securities and Exchange Commission's Pacific regional office in Los Angeles, the SEC announced yesterday. [...]

WASHINGTON -- The Treasury Department yesterday auctioned $25 billion of four-week bills at a 5.140% high yield, a price of 99.600222. The coupon equivalent was 5.247%. The bid-to-cover ratio was [...]

The Securities Industry and Financial Markets Association has thrown its support behind the Municipal Securities Rulemaking Board's proposal to develop a new online disclosure system for official statements of new [...]

WASHINGTON -- The Treasury Department yesterday said it will sell $25 billion of four-week discount bills today. The four-week, or 28-day, bills will pay down $3 billion and refund $28 [...]

WASHINGTON -- The Treasury Department yesterday said it will raise $2.997 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $36 billion [...]

WASHINGTON -- The Treasury Department yesterday said it will sell $25 billion of four-week discount bills today. The 28-day bills will raise $1 billion in new cash and refund $24 [...]

WASHINGTON -- Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed from last week as the three-months incurred a 4.965% high rate, unchanged from 4.965% [...]

WASHINGTON -- The economy grew at a much lower rate than initially reported in the fourth quarter, rising at a slightly lower-than-expected 2.2% rate, the Commerce Department revealed yesterday in [...]

WASHINGTON -- Sales of new single-family homes plunged 16.6% to a 937,000 seasonally adjusted annual rate in January - the largest percentage drop in 13 years, according to data released [...]

WASHINGTON -- The Treasury Department yesterday said it would sell $27 billion of four-week discount bills today. The 28-day bills will raise $17 billion in new cash by auctioning $27 [...]

WASHINGTON -- Tender rates for the Treasury Department's latest 91-day and 182-day discount bills yesterday were unchanged from last week, as the three-months incurred a 5.035% high rate, and the [...]

WASHINGTON -- Retail sales via electronic commerce rose 6.3%, or $1.742 billion, to $29.3 billion in the fourth quarter of 2006 compared to the third quarter, the Commerce Department reported [...]

WASHINGTON -- Triggered by a decline in energy prices, the overall producer price index declined by 0.6% while the core rate inched upward again by 0.2% in January, the Bureau [...]

WASHINGTON -- The Treasury Department said yesterday it will raise about $7.665 billion of new cash by auctioning $13 billion five-year notes on Feb. 22, and $18 billion two-year notes [...]

WASHINGTON -- The nation's trade deficit widened in December, rising 5.3%, or $3.1 billion, to $61.2 billion, as exports of goods and services and exports of goods both had record [...]

The Municipal Securities Rulemaking Board filed an amendment yesterday with the Securities and Exchange Commission to its previously proposed changes to Rule G-21 on advertising, which are designed to make [...]

WASHINGTON -- Merchant wholesalers posted the first significant decline in inventories in nearly three and a half years in December, while growth in sales continued, according to data released yesterday [...]

WASHINGTON -- The Treasury Department yesterday auctioned $13 billion of 10-year notes as 4 5/8s, a 4.740% high yield, a price of 99.092517. The bid-to-cover ratio was 2.41. Tenders at [...]

WASHINGTON -- The Treasury Department yesterday auctioned $19 billion of three-year notes with a 4 5/8% coupon at a 4.666% yield, a price of 99.886450. The bid-to-cover ratio was 2.27. [...]

WASHINGTON -- Driven by an apparent assumption that more projects will be financed by some kind of public-private arrangement, the tax exemption for the interest paid on all municipal bonds [...]

WASHINGTON -- Non-farm payrolls rose by a less-than-expected 111,000 in January, while the unemployment rate inched up, the Bureau of Labor Statistics said Friday. With the 111,000 rise in payrolls, [...]

WASHINGTON -- The Treasury Department said yesterday it will raise $1.010 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $34 billion [...]

WASHINGTON -- Spending on construction projects fell 0.4% to a seasonally adjusted annual rate of $1.178 trillion in December, as private construction decreased 0.8%, but public construction rose 0.6%, according [...]

WASHINGTON -- The economy picked up speed in the fourth quarter, growing at a faster-than-expected rate of 3.5%, the Commerce Department revealed yesterday in its advance report on the economy's [...]

WASHINGTON -- Overall consumer prices rose 0.5% in December, while the core rate of inflation, which excludes volatile food and energy prices, increased 0.2%, according to data released by the [...]

WASHINGTON -- First-time applications for state unemployment claims decreased 8,000 to 290,000 in the week ending Jan. 13, according to data released by the U.S. Labor Department yesterday. The seasonally [...]

WASHINGTON -- Merchant wholesalers posted continued inventory growth in November, while growth in sales resumed, according to data released yesterday by the Commerce Department. Inventories of merchant wholesalers grew by [...]

WASHINGTON -- Johnson City, Tenn., announced yesterday that it has entered into a closing agreement with the Internal Revenue Service that protects the tax-exempt status of its $33.3 million of [...]

WASHINGTON -- New population figures, coupled with an inflation adjustment for all 50 states and the District of Columbia, will boost the amount of private-activity bonds that can be issued [...]

President Bush signed into law yesterday the 'tax extenders' legislation that contains several municipal bond-related provisions, including a renewal through the end of 2007 of the $400 million-a-year qualified zone [...]

WASHINGTON -- The Internal Revenue Service has upheld the tax-exempt status of $16.3 million of bonds the New Jersey Economic Development Authority issued in 1999 on behalf of The Seeing [...]

WASHINGTON -- Driven by a renewed surge in energy prices, the overall producer price index jumped by 2.0% in November, the largest increase in 33 years, the Bureau of Labor [...]

WASHINGTON -- Overall consumer prices were unchanged in November, while the core rate of inflation, which excludes volatile food and energy prices, was also flat, according to data released by [...]

The qualified zone academy bond program would be continued through 2007, with some arbitrage and other restrictions, while the recently established clean renewable-energy bond program would be extended through the [...]

WASHINGTON -- First-time applications for state unemployment benefits increased 34,000 to 357,000 in the week ended Nov. 25, the highest level in more than a year, according to data released [...]

WASHINGTON -- The Treasury Department said Wednesday it will raise about $11.326 billion of new cash by auctioning $20 billion of two-year notes tomorrow and $14 billion of five-year notes [...]

WASHINGTON -- The Treasury Department said Wednesday it will raise $2.998 billion of new cash at its weekly auction of 91-day and 182-day discount bills today by selling $34 billion [...]

WASHINGTON -- First-time applications for state unemployment benefits increased 12,000 to 321,000 in the week ended Nov. 18, according to data released by the Labor Department Wednesday. The seasonally adjusted [...]

The Municipal Securities Rulemaking Board filed amendments to its advertising and supervision rules yesterday to bring them more in line with those of the Securities and Exchange Commission and NASD [...]

WASHINGTON -- The Internal Revenue Service announced yesterday that it has awarded long-awaited bond volume cap allocations to municipal and nonprofit utilities allowing them to issue $800 million in taxable [...]

WASHINGTON -- Driven by another sizable drop in energy prices plus a drop in food prices, the overall producer price index fell in October by a record-matching 1.6%, the second [...]

WASHINGTON -- Hartford Financial Services Group Inc. has reached a settlement with the Securities and Exchange Commission in which the insurance and financial services giant agreed to pay $55 million [...]

WASHINGTON -- U.S. inflationary pressures fell further in October as the U.S. future inflation gauge declined to 119.9 from an upwardly revised 121.6 in September, according to data released Friday [...]

WASHINGTON -- It doesn't seem possible that Boy Scouts of America saved tax-exempt bonds, but they did. When the Treasury unveiled in November 1984 what would become the Reagan administration's [...]

WASHINGTON -- When the Tax Reform Act of 1986 was signed into law 20 years ago yesterday, many in the municipal bond market thought the future was bleak. Although the [...]

WASHINGTON -- Business inventories and sales reached record levels in August as inventories rose 0.6% and sales increased 0.8%, buoyed largely by inventory gains in the auto sector, according to [...]

WASHINGTON -- The federal government posted a $56.0 billion surplus in September, which was well above analysts' expectations, according to Treasury Department figures released yesterday. The September surplus, triggered by [...]

WASHINGTON -- The federal government posted a $248 billion deficit for the fiscal year that ended September 30 - $71 billion less than the $319 billion deficit posted in fiscal [...]