Markets

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices was steady at 4.26% from the previous week.

Retail municipal investors who prefer discount bonds are becoming more aware of the tax implications of the de minimis rule as interest rates rise.

Fitch Ratings issued a report to criticize Moody’s Investors Services’ recent assessment of Chicago Public Schools.

In the week ended Jan.26, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose seven basis points to 4.26% from 4.19% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

President Trump’s broadsides against Mexican immigrants and trade have not triggered rating agency action on border credits, which, in several cases, have seen upgrades.

Most of the oil states have gone into recession, S&P Global Ratings said in a new report.

New York MTA retired $945 million of debt from its core portfolio last year through normal amortization, said deputy finance director Olga Chernat.

Muni professionals’ predictions about the economy, volume, demand, and credit spreads panned out, but they were taken off guard by the political roller coaster that roiled the tax-exempt market in 2016.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 4.19% from 4.20% from the previous week.

Green bonds are a tool more issuers use to finance various means of purifying drinking water and buffering against rising seas.