Markets

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was two basis points higher to 4.10% from 4.08% for the previous week.

Revised outlooks to negative from two of the four bond rating agencies represent “bittersweet” news for Connecticut, said state Treasurer Denise Nappier.

A $1 trillion shortfall in public pension plans is rooted in poor governance, think tank Manhattan Institute for Policy Research reported.

Organizers of a muni conference that features academics, market practitioners, public officials and regulations are rebranding the event and moving it from Boston to Washington.

From a threatened teacher strike to an escalating state-level attack on its governance and borrowing powers, the barrage of bad news has not let up for junk-rated Chicago Public Schools.

With one month to go until opening day, Standard & Poor’s Rating Services on Friday raised its underlying rating on the District of Columbia’s baseball park revenue bonds to BBB+ from BBB.

Land-secured municipal bond defaults have plunged thanks to shifts in market practices and macroeconomic trends since the Great Recession.

Water contamination-related lawsuits filed in Chicago and Flint, Mich. stand to influence the sector nationally as the cases draw more scrutiny to the dangers associated with older lead pipe-based systems, Fitch Rating says in a new report.

In the week ended March 3, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose three basis points to 4.08% from 4.05% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Municipal bond trading volume fell 13% during 2015 while the overall number of trades remained relatively stable, continuing a pattern that stretches back to 2007, according to data released Thursday by the Municipal Securities Rulemaking Board.