Markets

S&P Global Ratings moved its outlook on Illinois' BBB-minus to negative from stable on "worsening economic conditions," an action that also impacted sales tax, convention center and sport facilities' bonds.

There will be more queasiness ahead of any calm in municipals as adjustments to the coronavirus-induced climate continue to test the market’s resolve.

Coronavirus-driven job losses are way beyond predicted, and expected to get worse, but most still see a V-shaped recovery.

The bond-financed $420 million expansion project moved forward over the objections of board members who questioned the timing amid plummeting tax revenues.

Milwaukee's experience in market Thursday speaks to the struggles of primary market borrowers navigating COVID-19-driven turmoil.

Forced selling continues and credit spreads are widening as much as 200 basis points in spots making for a large bid-ask disconnect in the market.

The Louisiana State Bond Commission authorized four bond issues, and was updated on market volatility created by the COVID-19 pandemic.

Negative outlooks trigger questions about other reeling areas in the capital markets crosshairs.

The worst is yet to come from the coronavirus pandemic, said the commonwealth's revenue secretary, Dan Hassell.

Most of the disclosures tracked since the beginning of the year were filed in March, the MSRB said.