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The market idled Monday while investors prepare for a $12 billion new-issue onslaught that brings diversity of credits that will help direct benchmark yields. Continued fund flows are needed to sustain current yields.
June 7
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Kentucky has one of the poorest funded pension systems among all U.S. states.
June 3
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The state's record-high budget includes relief from the federal American Rescue Plan Act.
June 2
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The state's general obligation bonds are rated triple-A by Moody's, S&P and Fitch.
June 2
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Grace Dunlap, Chair of the Board at Bryant Miller Olive P.A., has been honored with the 2020 Ralph A. Marsicano Award presented by the City, County and Local Government Law section of the Florida Bar.
May 28
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Even with a 23.3% year-over-year drop in May, with five months now officially in the books, long-term muni volume stands at $169.45 billion, ahead of the $157.96 billion issued in 2020.
May 27
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Cruise ship ports in the U.S. may see some light at the end of the tunnel after more than a year without any departures because of the COVID-19 pandemic.
May 26
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With the heavily traveled Interstate 40 bridge over the Mississippi River closed for repairs, Arkansas and Tennessee are seeking federal aid to cover the cost.
May 20
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The city will sell $439 million of general obligation bonds voters authorized in 2018 in three tranches instead of the originally planned four.
May 19
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The new-issue market came alive with two high-grade competitive loans and the speculative-grade Pacific territory pricing bonds to strong demand.
May 18
