News and Information from Bond Buyer

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.03% from 4.01% the week before.

“Strategic investments” account for the 20% increase in spending since New York Mayor Bill de Blasio took office, his budget director said Thursday.

For one thing, analysts say general obligation bondholders may attempt to derail the plan in Title III bankruptcy court.

The co-owners of the Plant Vogtle project face higher-than-expected costs to complete the reactors, prompting them to vote on whether to continue.

The Hutchinson Shockey name will continue after its acquisition by Ohio-based Huntington Bancshares.

Puerto Rico issues rallied after the main parties reached a deal on the restructuring of Puerto Rico Sales Tax Financing Corp. bonds.

Federal disaster relief mitigates the credit impact of fires and other catastrophes, rating agencies say.

Investors won't get nearly all their money back as the Securities and Exchange Commission's case against Dwayne Edwards and Todd Barker draws towards a close and SEC lawyers want the losses taken into account in settlements.

S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.

Puerto Rico issues rallied after the central parties reached a deal concerning Puerto Rico Sales Tax Financing Corp. bonds.

The legislation, which aims to curb the effects of app-based for-hire vehicles on city streets, may lead to a congestion pricing framework.

Mark Paris and Stephanie Larosiliere of Invesco are optimistic on technicals in the municipal bond market given the length of this business cycle. John Hallacy is host.

The Puerto Rico Oversight Board, the government of Gov. Ricardo Rosselló, COFINA senior bondholders’ representatives, COFINA subordinate bondholders’ representatives, and bond insurers agreed to the deal.

A draft of the plan in early July indicated that 71.3% of the funding was to come from the federal government.

Only a few of the 45 states that levy sales taxes have announced plans to begin implementation before the end of this year.

Short term gains would be overshadowed by long-term risks, according to Municipal Market Analytics.

Municipal CUSIP requests declined in July after four straight months of volume increases, suggesting a slowdown in issuance ahead.

While she didn't work on muni issues specifically, Allison Lee is a seasoned buster of financial wrongdoers.

The Moody's upgrade comes as the city is exploring a privatization of the Lambert airport.

City officials said splitting housing and infrastructure requests into two measures will improve chances of passage.