Northeast

Jersey Shore gambling hub's financial progress under state supervision amid coronavirus headwinds prompted rating agency to revise junk-rated city's outlook to positive.

Florida’s privately owned passenger train company, which halted service citing the coronavirus pandemic, is bringing $950 million of nonrated private activity bonds.

Munis are likely to lag Treasuries in some fashion once year-end empathy settles in mid-month and ratios become a factor.

The Pine Tree State is positioned to withstand revenue uncertainties stemming from the COVID-19 pandemic thanks to healthy reserves, according to analysts.

Ike Papadopoulos brings more than 20 years of investment banking experience, most recently with Ziegler and TD Securities.

After volume in November came in around $19 billion, the lowest since 1999, investors look to December.

The Investment Company Institute reported municipal bond funds saw $2.675 billion of inflows in the latest reporting week.

Pennsylvania nonprofit health system’s aggressive expansion has left it with a massive debt load, although default not an issue.

Sources said the JFK deal was massively oversubscribed, allowing underwriters to lower yields from 15 to 45 basis points.

Municipals held firm ahead of this week's new issue slate, which features deals from issuers in New York and Texas. Treasuries weakened as stocks rose on positive coronavirus news.