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The DOT's federal financing pipeline has mushroomed in recent years, as has the type of projects being financed.

The upgrades follow Fitch's upgrade of Morgan Stanley, the guarantor to the gas supplier in all of the transactions.

The lenders say document will prevent the use of Vitol as a separate consenting impaired class.

Annual contributions to the General Reserve Fund will increase to 7% of the previous year's revenue from the current rate of 5%.

Triple-A yields fell five to eight basis points while UST saw yields fall up to nine out long, moving the 30-year UST below 4% for the first time since mid-October.

Federal Reserve officials stressed the need to keep raising interest rates while acknowledging recent encouraging news on U.S. consumer prices.

The update noted the growth in the fiscal 2023 budget since its adoption last July was due to the approval of federal grants.

Illinois raised its fiscal 2023 revenue estimates by $3.69 billion, giving Gov. J.B. Pritzker enough to propose doubling the state's $1 billion rainy day fund.

If it passes legal muster, Wisconsin counties will decide whether to participate in what would likely be the first securitization of opioid settlement payments.

Fitch Ratings revised its outlook to stable from negative on BATA's AA-minus subordinate debt, retaining its stable outlook on AA-rated senior debt.