Finance

Moody's boosted the university to A1, an event that may have been overshadowed by the men's basketball team's Final Four run.

As muni investors looked ahead to another week of limited supply, a report from BlackRock recommended taking a flexible strategy.

The city has underfunded pensions and plans to increase spending to support its school district.

Some of the oomph for multifamily housing bonds comes from additional federal funding for public housing agencies which are partners in these bond deals while the remainder comes from programmatic changes in the law.

The municipal bond market on Monday is eyeing this week's small holiday calendar of new issues, which is dominated by taxable deals.

The nonprofit hospital chain expects significant savings even though it must issue taxable debt to refund tax-exempt bonds.

Municipals will see yet another week of sub-$4 billion issuance, as taxables take the top spot on the calendar.

City and state groups credited Congress for supporting programs the administration wanted zeroed out, including the Federal Transit Administration’s Capital Investment Grants program, which will get $2.6 billion.

A day after seeing the market rally and strengthen by five basis points on the long end, munis were quiet and flat ahead of another week of lackluster volume.

The state’s net position of governmental activities eroded by $10.1 billion to reach a negative $141.7 billion.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dipped to 4.01% from 4.02% last week.

The municipal market rallied to close out Thursday five basis points lower in yield, while the last two larger deals of the week priced, with the Philly School District passing its test with flying colors.

Reno's ratings raised to A-plus with an economic boost from tech companies.

The municipal market saw the last two notable deals price, as the market was stronger by as many as five basis points.

The bill has a $63 billion in spending for non-defense discretionary programs in the 2018 fiscal year ending Sept. 30, including $10 billion more for infrastructure programs.

Bill Gross, the billionaire bond manager with Janus Henderson Group Plc, doesn't expect three or four hikes this year.

Democratic challenger J.B. Pritzker will take on Republican incumbent Bruce Rauner.

Primary and secondary activities were an afterthought Wednesday as the municipal market focused on the interest rate announcement from the Federal Reserve Board.

The municipal market concentrated on a Federal Reserve Board 25 basis-point interest rate hike, while keeping an eye on falling snow.

President Trump has threatened to veto this long-delayed omnibus if it contains a $900 million appropriation for Gateway that the House approved in September as part of a spending bill for the Transportation and Housing and Urban Development Departments.