Organization Root Tag

A new GFOA advisory said the International Swaps and Derivatives Association has developed “more robust fallback language to specify the rate to be used upon a Libor cessation.”

An appeals court ruled that PRIFA and HTA issuers do not have to pay debt service during the Puerto Rico bankruptcy.

The Beige Book suggests the economy is recovering, with optimism for 6-12 months ahead, while economists don't envision inflation rising enough for the Fed to take action any time soon.

Trade volume increased by just 4% compared to 2019 following a volatile year for munis.

Reinstating certain municipal bond provisions would make way for more infrastructure investment.

The First Circuit said Puerto Rico credit unions did not take appropriate timely steps to challenge the bond restructuring.

Institutional pricing of New York City and competitive deals from Baltimore and Cambridge, Mass., should help give a sense of where yields are heading, while Ohio offers up GOs for a market that's been little changed for three days after a large sell-off.

Flexibility in federal funding programs that would allow cities to target what they consider their highest priorities is key.

Federal Reserve Governor Lael Brainard said it will take “some time” to meet the conditions laid out by the U.S. central bank for reducing the pace of its massive bond purchases, while noting recent bond market volatility.

From the use of taxables to forward deliveries, refunding deals drove an overall 15.8% hike in Midwest bond volume that exceeded the national average.

The use of alternative trading systems is growing, accounting for 21% of all trades in 2020.

By the end of March, more than 1,700 projects will have the go-ahead to resume, according to the mayor.

Greg Sullivan of Boston's Pioneer Institute explores the migration from Massachusetts and Connecticut to lower-tax states, and the ripple effects of a lawsuit regarding cross-state remote employees that could reach the U.S. Supreme Court. Paul Burton hosts. (13 minutes).

FAFAA head says that Puerto Rico is gaining "credibility" with investors.

The sell-off in the back half of February brought negative 1.59% returns for the month and a negative 0.96% return for the year so far. Taxables and high-yields fared slightly better.

Federal Reserve Bank of Richmond President Thomas Barkin played down recent Treasury market volatility, in remarks that reinforce the message that the U.S. central bank is not yet troubled by the increase in yields.

A federal appellate court in April 2020 struck down a federal law denying residents of the island eligibility for the Social Security Supplemental Income program for the severely disabled.

An outside consultant provided recommendations on how the commonwealth can catch up on its long-delayed financial reporting, including a multi-year CAFR.

The market took a much-needed breather Friday and U.S. Treasuries pared Thursday's losses to see the 10-year fall 12 basis points to 1.42% and the 30-year 17 basis points to 2.11%. Municipals were steady at 1.14% in 10 years and 1.82% in 30.

Bills to expand the use of tax-advantaged bonds that are being reintroduced in the new Congress have favorable odds for being signed into law this year.