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The effort by bondholders to work together is seen as a "positive development," though their plan was quickly rejected by the government.

Using bond proceeds to fund a Jobs program would be illegal, says Barbara Parker, Oakland's city attorney.

A vote by California energy commissioners to require solar panels on new homes is credit negative for utilities, Moody's said.

Progress is being made by some states and cities while Congress is independently making incremental progress on airports and water projects, according to infrastructure experts.

Municipal bonds were mixed on Monday as buyers awaited the almost $10 billion of supply set to hit the market this week.

Citing risks to all of the state's pension funds, Gov. Phil Murphy conditionally vetoed legislation to enable a spinoff of the state’s Police and Firemen's Retirement System.

The Miami-Dade County School District improved its disclosure practices to provide better bond investor outreach.

Blame the U.S. central bank for the flattening the yield curve, said Federal Reserve Bank of St. Louis President James Bullard, who urged his colleagues to avoid aggressive policy tightening that would push shorter-term rates above those on longer-dated Treasuries.

The Illinois pension intercept law could pose rating strain but also force funding discipline over long term, according to S&P Global Ratings.

Evans was so broke after years of fiscal mismanagement it couldn't get a loan because its credit rating had been withdrawn.