News and Information from Bond Buyer

The New York governor announced a $150 billion infrastructure plan for the next five years.

Two years after New Mexico lost its triple-A rating, New Mexico has taken its second downgrade from Moody's Investors Service based on rising pension and Medicaid obligations.

A bill now in committee would sell distressed federal assets to fund projects in distressed communities and pay down the deficit.

The state's highest court rejected a ballot question that would have asked voters to raise the state income tax on the commonwealth's top earners.

Municipals were mostly stronger at mid-session, as the market waits for the start of the week’s moderately sized new issue calendar.

Denver will combine a current refunding with the first sale of new bonds approved by voters last November.

Builders’ confidence in the market for new single-family homes slipped this month.

State officials intend to come to market with $225 million of Commonwealth Transportation Fund revenue bonds.

Buyers of municipal bonds will see a sale this week that offers some high yields in return for taking on some additional risk not usually associated with typical deals. California’s Golden State Tobacco Securitization Corp. is issuing a $1.7 billion tobacco bond deal consisting of serials and turbo terms.

S&P said there was a one-in-three chance that it could raise Allen Park's rating by multiple notches over the next year.

The county's last junk bond rating was erased with a two-notch Moody's upgrade to Baa2.

Municipal bond buyers are looking with anticipation at the week’s calendar and the arrival of a big California tobacco bond deal.

The Atlanta City Council on Monday is expected to pass a $2.1 billion budget for fiscal 2019.

The city isn't risking its money, only that Elon Musk won't deliver on his promises for an airport transit line.

Gov. Jerry Brown convinced lawmakers to set aside $15.9 billion in total reserves.

Emrich is a longtime credit and bond analyst in the municipal securities market.

Gov. Bill Walker says the plan will help reduce the state deficit.

Harvey, Illinois, its public safety pension funds, and its revenue bondholders continue negotiating toward a settlement on revenue diversions.

A political dispute among Democrats threatens the state's ability to enact an on-time budget.

Ascension's acquisition of Presence Health brings double-A ratings to the previously triple-B-minus debt of Presence.