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Munis are entering a negative feedback loop, according to J.P. Morgan analysts led by Peter DeGroot.
7h ago -
Credit ratings for California utilities could face downward pressure as recurring wildfire risks test safety funds and strain balance sheets.
8h ago -
"In a few years, Brightline may have to consider going through something like this again," warned one investor.
8h ago -
Bondholders and Assured Guaranty are providing substantial funding in post-petition and post-bankruptcy packages to keep the project operating.
10h ago -
GASB has issued updated questions and answers designed to clarify how subsidies relate to operating revenue, an important distinction affecting higher education, and transportation entities.
10h ago -
Ahead of a refinancing next week and a new money deal next month, Chicago's spreads have widened, suggesting the market may be pricing in a downgrade, analysts said.
11h ago
Published August 28, 2014, 1:00 a.m. EDT
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Updated August 27, 2014, 4:33 p.m. EDT
4 Min Read
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