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The U.S. Virgin Islands WAPA said the Public Service Commission's reduction of electric rates jeopardizes its ability to pay bills and provide electric service.
June 12 -
A "lighter-than-anticipated CPI report" led to UST firmness, as it "quelled fears about tariff-related inflation and boosted enthusiasm that the Fed will cut rates in the next two or three meetings," said José Torres, senior economist at Interactive Brokers.
June 11 -
The elevated new-issue market comes on the heels of one of the largest weeks of issuance.
June 10 -
After the University of Idaho canceled plans to buy the for-profit online University of Phoenix, Moody's Ratings removed the school from watch for downgrade.
June 10 -
The Uinta Basin Railway's request for $2.4 billion of PABs comes as the U.S. Transportation Department is almost at its $30 billion debt cap.
June 10 -
"The broader themes from the demand perspective are that it's choppy and people are not necessarily jumping into high-yield munis with both feet," said First Eagle's John Miller.
June 10 -
The software uses pre-trade quote data to help predict the next trade level of bonds.
June 10 -
The state of Maryland is going to market on Wednesday by selling $1.56 billion of general obligation bonds, which will be the first major sale since the state absorbed a credit downgrade from Moody's.
June 10 -
However, the new-issue calendar may not be "absorbed as easily, given valuations have grown less compelling after this week's performance," said Birch Creek strategists.
June 9 -
Armed with higher ratings since its last sale four years ago, the city is set to return to the market with a bang.
June 9