City of Chicago, IL

In an historic election result, two African-American women will face off in a runoff election to become the next mayor of Chicago. Yvette Shields talks with Chip Barnett about what this means for the municipal bond market and why it matters to bondholders.

Lori Lightfoot, in her first race for elective office, will face Toni Preckwinkle, the Cook County board president, in an April 2 runoff.

The ideas are emerging as focal points in Gov. J.B. Pritzker’s search for solutions to the state's pension underfunding.

Deep fiscal strains weigh on the district's efforts to claw its way back to investment grade.

The courts will decide whether the city must make up shortfalls in tax levy collections to cover the pension contributions.

Mayor Rahm Emanuel's administration is interested in a similar structure for a pension obligation bond.

Illinois and Chicago will be this week's headliners as the state comes under new leadership while the city sells the biggest municipal bond deal of the week — a $551 million offering from the Sales Tax Securitization Corp.

After a lackluster week, the muni market is hoping to get back on track.

The $551 million issue wraps up a nearly $3 billion program; $7.7 billion of proposed pension obligation bonds rely on similar structure

Alderman Edward M. Burke, who held sway over the city's bond deals for decades, resigned with key pieces of Mayor Rahm Emanuel's agenda still pending.

Cities across the state are looking for pension relief as J.B. Pritzker prepares to take the reins as governor.

Mayor Rahm Emanuel says his pension package offers a path to further stabilize city employees' pensions without burdening taxpayers.

Chicago would issue up to $10 billion of POBs under a proposal the mayor left to city council to decide.

Rahm Emanuel will back a constitutional amendment to rein in pension benefits while city pension obligation bonds remain in play on a longer timeline.

Municipal bonds closed out the week stronger ahead of a hefty new issue slate.

As the end of the year draws near, the municipal bond market will see lots of negotiated deals on next week’s new issue calendar.

Chicago boosted to the size of its first sale to finance the O'Hare terminal makeover to $2 billion.

Municipal bonds were stronger with Treasurys as the Chicago O’Hare airport deal came to market as Detroit sold GOs.

Municipal bonds were stronger with Treasuries at mid-session.

Municipal bonds finished mostly stronger Monday. The market will be closed Wednesday in honor of former President George H.W. Bush.