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Lacking a new revenue source, the agency that runs New York City's subway may add to its $38 billion of debt.
July 28
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The municipal bond market is expected to remain quiet on Friday, ahead of next week’s new issue slate.
July 28
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The Employment Cost Index slowed to 0.5% gain in the second quarter, a slower pace than expected and down from the 0.8% gain in first quarter, data released by the Bureau of Labor Statistics Friday showed.
July 28
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Second quarter GDP rose 2.6%, slightly less than the 2.7% pace expected, while first quarter growth was revised down modestly to a 1.2% pace from 1.4% rate previously reported, data released Friday by the Bureau of Economic Analysis showed.
July 28
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Bank of New York Mellon Trust Company erroneously redeemed Philly school bonds
July 27
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The RTA is facing state funding cuts but the new Illinois budget at least provides more funding certainty.
July 27
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The plan features tax increases and $1.3 billion of new borrowing.
July 27
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices fell three basis points to 4.02% from the previous week's 4.05%.
July 27
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San Juan’s government claims the GDB's restructuring gives bondholders a "windfall" using resources that belong to Puerto Rico's municipalities.
July 27
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Kansas Gov. Sam Brownback is expected to join President Trump's Administration as ambassador for religious freedom.
July 27
