Markets

Fitch Ratings upgraded California general obligation bonds to AA from AA-minus, the state's first upgrade in three years.

Lori Lightfoot's Aug. 29 speech comes one month ahead of the city's annual investors' conference.

Municipal bond issuers in the Northeast sold $44.9 billion of municipal bonds in the first half of 2019, down 7% compared to the first half of 2018.

The debate over yield curve inversion continued, as a summer Friday yielded little economic data, but the market waits to parse the minutes of the most recent Federal Open Market Committee and then eyes will turn to the Federal Reserve Bank of Kansas City’s annual Jackson Hole retreat.

The $450 million in bond-financed improvements are part of negotiations to extend the contract of the NFL's New Orleans Saints.

The municipal bond market took a breather on Thursday as the last of the week’s larger deals came and went.

The plan to cover shortfalls for the city's new arena with bonds of $45 million and more bonds for the parking garage at Plant Riverside are on the city's agenda for first readings Thursday, Aug. 15.

The fixed-rate bonds refund more than 50% of the Indianapolis Airport Authority’s floating rate bonds and terminate associated interest rate swaps.

The municipal bond market received a variety of data Thursday suggesting economic strength belying the recession forecast by the 2/10-year Treasury yield curve inversion on Wednesday.

Municipal bonds continued their rally on Wednesday, and pushed tax-free yields to their lowest levels ever.