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Chicago is facing myriad headwinds. But its GO bond sale last week was oversubscribed and city officials said that allowed them to lower yields in repricing.
June 9
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The university cut campuses in areas with declining populations; this week it plans to issue bonds to fund football stadium renovations.
June 9
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The top five May bond financings totaled more than $5 billion.
June 9
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The nonfarm payrolls report shows the economy is "hanging in there," though it is slowing, said Jeff MacDonald of Fiduciary Trust International.
June 6
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Observers say a bankruptcy by Genera PR could complicate the PREPA bankruptcy.
June 6
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Cities and states have until Aug. 1 to apply for the funds.
June 6
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The U.S. economy added 139,000 jobs, a healthy clip that counters the president's calls for a rate cut to bolster the labor market.
June 6
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The upshot of the report by Payden & Rygel's Travis McGahey is that the risk of severe credit deterioration and bond defaults remains low.
June 6
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Notre Dame College in Ohio faces legal action on at least three fronts after defaulting on bond debt and a swap agreement and allegedly misusing donor funds.
June 5
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This week the market has performed "exceedingly well" with the tailwind of June 1 reinvestment capital, said J.P. Morgan strategists led by Peter DeGroot.
June 5
