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Charter schools drove the worst January ever for impairments since Municipal Market Analytics began tracking default trends, the firm said in a Feb. 5 report.
February 12
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The executive director of the Puerto Rico Oversight Board suggested non-settling bondholders might be offered recoveries of about 4% of the principal due.
February 11
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Blake G. Washington discussed Medicare, the MTA and more at a luncheon with the Citizens Budget Commission.
February 11
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Municipals were cut up to four basis points, depending on the scale, while UST yields rose up to four basis points out long.
February 11
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BlackRock's move comes as money continues to flow out of muni mutual funds into ETFs and SMAs.
February 11
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Audit activity in the municipal market ebbs and flows with the IRS budget.
February 11
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A bill would allow homeowners to receive the interest accrued on insurance payments for lost or damaged property, rather than lenders.
February 11
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Governors in the drought-prone region are asking their legislatures for funding to boost future water supply or to repair aging water infrastructure.
February 11
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Munis continue to outpace USTs as ratios on the front end continue to richen relative to USTs, Jason Wong said.
February 10
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Lawsuits are mounting against the Trump administration's aggressive actions to cut federal spending.
February 10
