Puerto Rico

The Oversight Board urged the federal government to provide more help to the island’s people and businesses.

Municipal bonds continued their rally on Wednesday, and pushed tax-free yields to their lowest levels ever.

The deal reduces the authority's debt service by $380 million.

Issuers and buyers will both be watching the direction bond yields take this week.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

Puerto Rico’s Oversight Board remains committed to assist in the island’s fiscal recovery in the midst of political chaos over who will be running the government.

The insurer seeks at least $720 million from Wall Street firms that underwrote Puerto Rico bonds issued from 2001 to 2007.

Puerto Rico’s economic activity index slipped 0.7% in June from a year earlier, as the economic boost from federal hurricane recovery aid receded.

Secretary of Justice Wanda Vázquez Garced said she will swear in as governor Wednesday afternoon.

The strong performance may strengthen bondholders' hand in negotiating Puerto Rico bond restructuring.