Finance

S&P Global Ratings has placed its 'AA+' rating on the State of Minnesota's general obligation debt on CreditWatch with negative implications

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices rose one basis point to 4.04% from the previous week's 4.03%.

Top-quality municipal bonds finished weaker on Thursday as the last of the week’s larger sales came to market in the primary sector, led by deals from issuers on Mississippi and Hawaii.

Hudson Yards Infrastructure Corp. requires an additional $96 million, according to the New York City Independent Budget Office.

Los Angeles will price the first bonds from a measure voters approved to house homeless people.

Top-quality municipal bonds were weaker at mid-session as the last of the week’s larger sales came to market in the primary sector.

Municipal bond traders will be waiting to see some supply hit the screens on Thursday, a day after the primary market was sidelined by the Federal Reserve’s monetary policy meeting.

Moody's Investors Service said it upgraded Indiana University Health's (IU Health) ratings to Aa2 from Aa3, affecting approximately $1 billion in debt.

The Port of Oakland has earned an upgrade from Moody's Investors Service.

Michigan's attorney general announced more felony charges in the Flint water contamination crisis.

The American Dream development in New Jersey, which broke ground in 2004, will have to wait a bit longer for financing as a $1.1 billion sale of unrated tax-exempt bonds to complete the project was delayed.

A $1.1 billion tax-exempt revenue bond deal for New Jersey's American Dream retail/entertainment complex did not price as scheduled.

The Chicago Transit Authority and Regional Transportation Authority are latest rating victims of Illinois political gridlock.

Those waiting for the bonds that will finance the long-awaited American Dream development in New Jersey will have to wait a bit longer as the big sale was delayed.

Municipal bond traders will see the bonds that will finance the long-awaited New Jersey megamall American Dream hit the market on Wednesday in an unrated sale that has garnered a lot of attention.

Top-quality municipal bonds finished mixed on Tuesday, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds and investors awaited the Federal Open Market Committee's decision on interest rates.

Weak reserve levels led S&P Global Ratings to downgrade Suffolk County, N.Y.

National Public Finance Guarantee got a vote of confidence from Kroll Bond Rating Agency a week after S&P Global Ratings put the MBIA Inc. municipal bond insurance unit on credit watch negative.

Top-quality municipal bonds were mixed at mid-session, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds.

Financial woes in Illinois raise a red flag for investors in state and local bonds.