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The county commission said it hopes to regain Moody's ratings this fall.
July 3
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UST yields rose across the curve in response to the employment report with the two-year rising nearly 10 basis points while municipals largely ignored the moves and ratios fell as a result.
July 3
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The growth of the muni market comes as issuance surges, with the first half of the year seeing $280.64 billion of supply, up 14.3% year-over-year, according to LSEG.
July 3
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The deal is the second large bond issued from the Public Energy Authority of Kentucky this year.
July 3
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A year after raising its ratings to investment grade, Moody's Ratings upgraded Detroit's issuer and general obligation bond ratings again, to Baa1.
July 3
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MFS Investment Management predicts "compelling opportunities for muni investors" in the second half of the year.
July 2
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Up to $505 million of bonds could be issued.
July 2
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"We are entering a period during the summer months in which demand historically outweighs very limited supply, resulting in a supportive performance environment but more limited investment opportunities," said J. Robert Lind of Lind Capital Partners.
July 1
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Issuance this year has been "relentless" since the start of the year, while historically the "new-issue machine" takes a while to get rolling, said Scott Diamond, co-head of AM Municipal Fixed Income at Goldman Sachs.
July 1
