The state's ratings, just one rung above junk, are holding steady after analysts' initial review of a fiscal 2021 budget that pins hopes on future federal relief.
June 4
Commentary
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Municipal Market StrategistMay 20 -
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chief executive officerLumesis Inc.May 12
Multimedia
Phil Toews, CEO of Toews Corp., talks about all the recent market turmoil and what it means for the municipal bond market in general and high-yield munis specifically. Chip Barnett hosts.
June 4
Robert Kelchen, a higher education finance professor at Seton Hall University, discusses near-term challenges facing U.S. colleges as they grapple with revenue hits from the COVID-19 pandemic. Andrew Coen hosts.
June 2
Richard Taormina, portfolio manager and head of tax aware strategies at JPMorgan Asset Management talks about the effects COVID-19 is having on credits in the municipal bond market and why crossover buyers think this an attractive asset class. Chip Barnett hosts.
May 28
The Latest
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States that are projecting fiscal 2021 revenue declines of more than 15% include California, Colorado, New Jersey, New Mexico, Oklahoma, and Vermont.June 5
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In secondary trading municipals ended weaker after a strong employment report.June 5
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The board projects a 10.2% revenue surplus in the coming fiscal year.June 5
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The MSRB is seeking to reduce the size of its board to 15 members and to extend the "cooling off" period for bankers and muni advisors seeking seats as members of the public.June 5
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Jobs added and the unemployment rate well below expectations suggest April may have been the bottom.June 5
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Monday's first phase of emergence from COVID-19 lockdowns will put the city and the Metropolitan Transportation Authority in a national spotlight.June 5
