News and Information from Bond Buyer

Fitch Ratings cut the Miami-Dade County Expressway Authority’s bonds to A-minus from A after lawmakers passed a bill to cut tolls and dissolve the authority.

Scarce high-yield supply is creating challenges for muni fund managers.

Airports have been clamoring for an increase in the PFC limit for years, arguing that they need it to help finance capital improvements that would be paid for with new bond issues.

JPMorgan Asset Management aims to help financial advisors manage interest risk and duration in their portfolios.

Legislation to put bond measures and the 2020 and 2022 ballots has cleared two Assembly committees.

Data from a Municipal Securities Rulemaking Board report released Wednesday showed a continuing decline in the number of dealers.

Congress’ capacity and willingness to spend anything significant on infrastructure is severely hampered by the already-massive size of the federal debt.

The April producer price index grew less than expected, suggesting inflationary pressure will remain weak.

The urgent need to repair and upgrade the housing stock may offset leeriness over private development.

Resilience financing expert Alan Rubin of Blank Rome explores this new dynamic and its role in the public finance market. Paul Burton hosts.

The plan continues a cut to the pension system found in earlier versions.

Major League Soccer's Chicago franchise may move back to Chicago from Bridgeview, and what happens to the village's rating depends on lease negotiations.

Municipal bond buyers saw more deals come to market on Wednesday as muni yields held in at lower levels.

Detroit Public Schools Community District has substantial capital needs but its ability to fund them is constrained.

At the National Federation of Municipal Analysts annual conference, panelists discussed the “elephant in the room” — myths about issuer disclosure.

The current volume cap on PABs issued for highways and freight improvement has just over $2.5 billion remaining that can be authorized by the U.S. Department of Transportation.

Mary Francoeur of PFM Financial Advisors passed out the awards during the annual NFMA conference in Charleston, South Carolina.

Five companies responded to a request for “expressions of interest” in building three prisons amid federal scrutiny of conditions in the prison system.

The debate over the success of quantitative easing continues, even as the threat of recession slips.

The state's municipalities generally enjoy high bond ratings. Whether they can sustain them in bad times is still up for question.