Markets

Gov. Jerry Brown’s budget proposal is favorable from a credit perspective, S&P Global Ratings said.

A group of economists including Joseph Stiglitz would cut the face value of Puerto Rico bonds by 80% or more.

The Sales Tax Securitization Corp.’s bond deal was delayed until at least next week, Chicago officials said, citing the market's "weak start" to the year.

The university carries triple-A bond ratings.

Former S&P Global Ratings analyst Richard Packard will succeed Black in Fitch's Austin office.

Almost all of the 12 Federal Reserve districts reported “modest to moderate gains” in economic activity at the start of 2018, a Federal Reserve survey showed.

Assured Guaranty and Orrick, Herrington & Sutcliffe LLP took advantage of a surge in issuance in the final two months of 2017 to solidify advantages over rival bond insurers and counsel.

The Sales Tax Securitization Corp.’s highly anticipated bond sale has been delayed until at least next week due to market conditions, Chicago officials said.

Build America Mutual is bringing on a strategic advisory committee to help expand use of insurance in the muni market.

Municipal bond buyers are waiting to see details on the high-rated, but high-yielding sales tax securitization coming from Chicago on Wednesday.