Georgia

The U.S. Treasury 10-year dipped to its lowest yield since March while municipal investors poured money into new deals and secondary trading helped push benchmarks even lower.

The market idled Monday while investors prepare for a $12 billion new-issue onslaught that brings diversity of credits that will help direct benchmark yields. Continued fund flows are needed to sustain current yields.

The state's general obligation bonds are rated triple-A by Moody's, S&P and Fitch.

The total number of jobs in the state last month rose 21,800 from February.

The court says Florida didn't prove that its ecosystem suffered any harm from Georgia's alleged actions.

Boosters say completion of the 22-mile trail corridor is expected to deliver a total economic impact of $10 billion.

The lawsuits concern bond disclosure in South Carolina, a Florida toll bridge default, and the federal water rights fight between Florida and Georgia.

Georgia's MEAG Power, Jacksonville, Florida, and its utility, JEA, received two-notch rating boosts from Moody’s after settling their federal lawsuit.

Jim Beard, Atlanta's CFO for seven years, was charged by a federal grant jury with fraud, theft of government funds and purchasing illegal machine guns.

In the first two months of the fiscal year, Georgia saw state tax collections, which support the state general fund, increase by 12.4% year-over-year.

Georgia Power said in its latest report for the Plant Vogtle project that more than 800 workers have contracted COVID-19, and most have recovered.

The $1.13 billion competitive deal obtained Georgia's lowest combined interest rate ever, state officials said.

Gilt-edged Georgia boosted the amount of its borrowing this year to support the state's economy amid the COVID-19 pandemic, state official say.

Federal Judge Mark Cohen formally closed out the lawsuit between the two utilities and Jacksonville after a term sheet was posted settling the litigation.

Florida and Georgia have spent tens of millions of dollars in litigation over water rights in the case before the U.S. Supreme Court.

Jacksonville-owned JEA and Georgia-based MEAG agreed to settle litigation over JEA's agreement to buy power from reactors under construction in Georgia.

Federal judge rules in favor of Georgia's MEAG and JEA will need to continue to pay debt service on bonds used for nuclear reactor construction.

Southern Co.’s long-troubled project to expand its Vogtle nuclear plant in Georgia is “highly unlikely” to meet state deadlines and is apt to face additional budget overruns, according to a local monitor.

Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.

The loss of $1.03 billion in revenues prompted state lawmakers to ask congressional delegates to support a $500 billion relief package for states.