In the week ended Oct. 20, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose two basis points to 3.94% from 3.92% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
Are you an investment officer looking to earn a designation to advance your career? Or a CPA in charge of debt or treasury looking for CPE credits? Would learning bond market basics help you untangle the financial concepts you hear about at conferences and in the news? Do you need the flexibility of an online training option?
The former head of the Internal Revenue Service's tax-exempt bond office says TEB is ignoring alleged violations on a financing for a Syracuse mall that benefited from breaks sought by Hillary Clinton.
The credit quality of New York State’s local governments and school districts has stayed stable the last eight years, as rising real estate values made up for a slow economic recovery and increased pension costs, according to S&P Global Ratings.
New York Gov. Andrew Cuomo is pushing for automatic tolling at Metropolitan Transportation Authority-operated bridges and tunnels in hopes of echoing other states that have eased traffic congestion through similar strategies.
A proposed $3 billion budget for New York's Nassau County contains nearly $115 million in risky revenue assumptions that could create a "sizable" deficit, according to county comptroller George Maragos.
James Colby, Senior Municipal Strategist and author of the Muni Nation blog at Van Eck, stopped by The Bond Buyer recently to chat with Senior Markets Reporter Chip Barnett about municipal market performance. He also discussed the stability of munis versus other asset classes, muni bond fund inflows versus money market fund outflows, muni exchange traded funds, and what to expect in the last quarter the year.