News and Information from Bond Buyer

The new committee of volunteers will be tasked with helping shape the future of EMMA.

Issuers in the Far West sold $85 billion of municipal bonds in 2019, a 23% increase from 2018.

GDP, jobless claims, pending homes sales rise while durable goods orders decline.

Chris Mier, CFA of Loop Capital, says fiscal policy needs to achieve more at present and believes we are at a comfortable point in the credit cycle. Despite that conviction, he says the coronavirus will serve to slow growth. John Hallacy hosts.

Metropolitan Transportation Authority Chairman Patrick Foye blames Washington for "recalcitrance" over the Manhattan tolling plan.

Puerto Rico-based creditors took steps Tuesday to oppose the two biggest proposed restructurings of the commonwealth's bonds.

Municipal bond yields were unchanged at record low levels, according to late reads.

The Illinois attorney general's office is also believed to be looking into the foundation, which issued $170 million of tax-exempt bonds that have defaulted.

Rep. Peter DeFazio said gas tax revenue could finance $500 billion in Treasury bonds.

Moody's Investors Service revised its outlook on Detroit's general obligation bonds to positive from stable and affirmed its junk Ba3 rating.

Public pensions that relied on equity growth to ease unfunded liabilities could face a harsher reality, experts told The Bond Buyer's Texas Public Finance Conference.

Attention is focused on the impact COVID-19 may have on economic growth in the United States in the short and long term.

The city's sustained financial health is attracting private investment and enabling it to fund neighborhood infrastructure needs, Mayor Bill Peduto said.

Refundings and taxable deals were also up substantially, driving the region to $75 billion of municipal bond volume, up 32.6% from 2018.

Moody's cited stable financial operations and adherence to a recovery plan in Connecticut's capital.

Texas could see a threat to its solid economic conditions from the COVID-19 outbreak, experts told The Bond Buyer's Texas Public Finance Conference.

The Democrat unveiled a $40.9 billion FY 2021 spending plan that again pushes for higher taxes on incomes above $1 million.

The money is for post-Maria reconstruction costs.

As COVID-19 fears run rampant, investors continued to sell off equities, resulting in muni yields again following Treasury yields down to all-time lows.

Covenant's issuing tax-exempt debt to retire some variable-rate, term loan bank debt and taxable bonds to fund construction of a rehabilitation facility.