Yvette was a senior reporter, covering the Midwest. She earned a bachelors in journalism from Columbia College Chicago, began her reporting career at the storied City News Bureau of Chicago, and joined the Bond Buyer in 1997 leading Midwest coverage from her hometown Chicago.
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The Westin Lombard hotel and conference center in Chicago's suburbs dipped into debt reserves to cover operations after closing in response to the pandemic.
May 11 -
New report says hospitals lost a total of $1.44 billion a day between March and mid-April.
May 7 -
The two state administrations laid out initial estimates of revenue losses due to the pandemic as the federal government debates additional relief.
May 6 -
The lowest-rated state government moved a $1.2 billion GO certificate deal to the day-to-day calendar in the face of a skeptical buyside.
May 5 -
Two credits struggling with coronavirus-driven revenue shortfalls experienced very different outcomes in Tuesday's market. Taxable Penn State bonds showed the appetite for taxable munis is real.
May 5 -
Weak investment returns, assumption changes, and low contributions pushed up the cumulative unfunded liabilities of 11 local government pension funds.
May 5 -
The amended complaint lays out the evidence from recorded calls presented during the former proceedings, naming some Nuveen officials that were referenced as unnamed individuals, broker-dealers and banks.
May 4 -
Chicago’s motor fuel bonds, the city’s park district, and Cook County suffered rating or outlook cuts this week.
May 1 -
Illinois published its fiscal 2019 financial results Thursday as strains from the coronavirus pandemic loom large over fiscal 2020 and 2021.
April 30 -
S&P revised its outlook on Detroit's speculative grade rating to negative from stable Thursday as COVID-19 clouds the city's fiscal prospects.
April 30 -
Fiscal blow to MPEA's operations and tax collections follow the halt to trade and convention business that began in March.
April 29 -
Illinois tentatively plans to sell $1.2 billion of certificates next week and $1 billion of bonds the following week.
April 28 -
S&P Global Ratings changed its outlook on Chicago's BBB-plus rating to negative citing financial strains caused by the pandemic.
April 28 -
The system's offering statement presents a detailed picture of the pandemic's impact so far.
April 27 -
The Center on Budget and Policy Priorities said bankruptcy "could significantly raise states' cost of issuing bonds to pay for major transportation projects and other investments that boost the economy."
By Brian Tumulty and Yvette ShieldsApril 24 -
A new mayoral task force will work on Chicago's economic recovery effort as the city's finance team continues to assess the damage.
April 23 -
The state applied the green designation to the $80 million deal, but didn't obtain third party verification.
April 22 -
The March losses underscore the fiscal strains for hospitals but many facilities are expected soon to resume elective surgeries and diagnostic procedures.
April 22 -
The Illinois penalty that raises borrowing costs for all issuers in the state may widen as local agencies and governments face likely cuts in state support.
April 21 -
Federal operating aid will help manage the Illinois Regional Transportation Authority's expected tax and farebox hits this year but storm clouds loom.
April 17




















