Northeast

Despite competitive and demographic headwinds, Villanova's strong academic reputation as a selective private university will support student demand, Moody’s said.

The diverse structure of New York’s debt poses a significant danger to the state economy’s financial wellbeing: the risk the government and its public authorities might lose access to credit in a fiscal or market crisis.

The Volcker Alliance looks at the state’s outstanding municipal bonds and $83 billion in other obligations and suggests improved transparency and oversight.

Bonds defeased include state GOs and securities from the New Jersey Building Authority and the Economic Development Authority.

“We are working hard to secure the city’s financial health now and for future generations,” said Scranton Mayor Paige Cognetti.

Triple-A benchmark curves were bumped two to five basis points outside of five years as markets calmed to start February.

"We're going to fix them all," President Biden said of the 45,000 bridges across the U.S. he said need repairs.

As the MTA works toward a post-pandemic future, Kevin Willens, formerly co-head of public finance at Goldman Sachs, becomes its chief financial officer.

Moody’s also assigned an A1 to the authority's $950 million of forward delivery refunding bonds.

Better communication will be key in future P3s, a top Maryland transportation official said.