Finance

Both S&P Global Ratings and Fitch Ratings dropped the New York suburban county to AA-plus from AAA.

The county, through a conduit issuer, will price $198.2 million in lease revenue bonds for its new civic center.

The municipal market saw the first issuance of the week come trickling in as it was finding its footing ahead of a flood of issuance in the next few days.

Peter Hayes, head of municipals at BlackRock, says liquidity is sound and muni funds can cope with outflows. He says that among the larger factors in their daily decision-making is the status of an issuers’ pension and OPEB liabilities along with bond structure. John Hallacy is host.

Leslie Bloom joins as a senior vice president with a Solano Beach office.

Back from the holiday break, the muni market and its investors are ready and waiting for what should be a busy week, with big, well-known names coming to market with sizable issues.

As the municipal market prepares for a busy week with big-name issues coming to market, industry analysts are already looking to what 2019 might have in store.

The firm, recapitalized in April, is building out its municipal market presence.

After a week that offered under $1 billion of deals, the market will look ahead to almost $6 billion of supply.

Tom Wolf's full plate includes a projected $1.7 billion deficit, with the state having already used one-time revenue measures such as tobacco and gambling.

Fires haven't sparked a secondary-market sell-off, as investors "are either unconcerned or don't fully understand" the extent of the damage.

Even as stocks turned higher on Wednesday, municipal bonds remained stronger before the Thanksgiving holiday.

Moody's Investors Service now assigns a positive outlook to its A1 rating for the private Pennsylvania university.

As stocks continued to plunge, municipal bonds remained stronger along with Treasurys.

Municipal bonds continued to show strength along with Treasuries as equity prices continued their downward spiral.

It is critical that financial players start to pay very close attention and start reviewing their documents.

A planned elimination of variable-rate debt exposure and termination of outstanding swaps lifted the bi-state transportation agency's rating outlook.

Amid a volatile equity market landscape, municipal bonds remained strong.

Dave Brayshaw, a 26-year veteran with Hilltop Securities/First Southwest Co., will open a Dallas office for Masterson Advisors.

Municipal bonds were stronger at mid-session as the market prepares for a quiet Thanksgiving holiday week.