Markets

Vallejo, California, benefited from last week's record-low municipal market rates when it finally sold its water revenue bond refunding.

It was a busy day in the primary, as the markets continue to deal with crosscurrents of COVID-19 and election results.

Richard G. Bartow and his son Richard T. Bartow joined the office this week and will focus on K-12 education.

The threat posed by the COVID-19 virus remains a future danger to the economy’s well-being.

Recently elected Mayor Justin Elicker revived an old municipal battle cry with a call for more contributions from Yale University and Yale New Haven Health.

The rating agency expects to resolve the rating watch evolving within the next four months.

The Federal Open Market Committee cut the fed funds rate 50 basis points to a range between 1% and 1.25%. The decision to cut rates was unanimous.

The MSRB's annual fact book showed that trading volume dipped 14% year over year.

Eight Los Angeles agencies, with a combined $49 billion in debt, will give presentations on their projects, debt portfolios and expected new issuance.

The rating agency will await the legislature's passage of a final budget before casting a credit judgment.