Massachusetts

"Despite a pick-up in volatility in the rates market, municipals have been performing relatively well in October," according to Barclays PLC.

The rating outlook boost to positive from stable follows recent progress on steadying reserve rates and paying down debt, S&P said.

The October event will feature private and public sector experts on education, community development and ESG.

Massachusetts Treasurer Deborah Goldberg talks about the Bay State's economic recovery, the largest ESG bond deal ever done in the municipal space and special state initiatives such as promoting diversity and inclusion and creating a Baby Bond taskforce. Chip Barnett and Thomas Nocera host. (22 minutes).

"Demand for low-duration tax-exempts has been so strong that short maturity benchmark yields are now lower than the after-tax yields for comparably rated benchmark taxable muni and corporate bonds," said CreditSights strategists Pat Luby and John Ceffalio.

The Northeast's issuers sold $49.69 billion of municipal bonds in the first half of 2022, down more than 18% year-over-year.

Massachusetts had temporarily delayed the $2.7 billion sale as state lawmakers debated additional funding for the state's unemployment trust fund.

Massachusetts delayed the sale of $2.7 billion of taxable special obligation revenue bonds as state lawmakers consider a bill for their unemployment trust fund.

Proceeds of the taxable business-tax backed special obligation revenue bonds will pay down federal debt the state accrued during the COVID-19 pandemic for unemployment insurance costs.

Hosting a World Cup game brings a variety of economic benefits to cities and counties, from increased spending by fans and tourists from around the world to burnishing a region's reputation.