Markets

Chicago Public Schools is readying its inaugural sale under a new dedicated capital improvement tax structure crafted to convince investors that bond repayment is insulated from both the district's operating struggles and the threat of Chapter 9.

Despite potential changes in environmental and energy policies under President Trump, analysts at Moody’s Investors Service expect public power utilities to remain stable in 2017.

Energy-producing states affected by two years of deterioration in natural resource prices can expect continued global headwinds to pressure revenues, according to Fitch Ratings.

There is a sense among some market participants that the landscape for state credit has shifted amid concerns about revenue loss, pension liabilities, and other difficult-to-solve problems.

In the week ended Dec. 1, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose 12 basis points to 4.35% from 4.23% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Catholic Health Initiatives, one of the nation’s largest nonprofit health care providers, is in danger of a downgrade from S&P Global Ratings after analysts placed its A-minus rating on its negative watch list.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose four basis points to 4.23% in the week ended Nov. 22 from 4.19% in the previous week.

Municipal bond fund flows reversed course as investors pulled cash out at the fastest pace in more than three years, according to weekly Lipper data released late Thursday.

In the week ended Nov. 17, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose 22 basis points to 4.19% from 3.97% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The Federal Trade Commission’s heightened scrutiny and challenge of not-for-profit healthcare mergers may not change much under a Trump administration, law firm Holland & Knight says a report.