News and Information from Bond Buyer

Inflationary pressures eased in July.

In the week ended Aug. 3, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged at 4.02% from the previous week. The BB40 Index is based on the price of 40 long-term bonds.

“We expect the debt affordability numbers to get worse,’’ said Moody’s Vice President Sarah Carlson.

Wisconsin's Foxconn incentives package paves way for $252 million in highway borrowing and local government financing help.

Top quality municipal bonds ended stronger on Thursday, traders said, as the last of the week’s big deals hit the screens.

With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.

Kansas City council considering bonds, private financing for $1 billion airport terminal project.

Assured Guaranty Ltd., the largest municipal bond insurer, reported gains in second-quarter profit, boosted by share repurchases and lower reserve additions for Puerto Rico losses.

A federal judge appointed an attorney to facilitate an agreement between Flint and the Michigan Department of Environmental Quality.

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.

Texas enjoyed another strong month of growth in sales tax revenue in July, with the $2.56 billion total running 7.9% ahead of the same month last year.

Replacing LIBOR will raise economic and tax issues for many floating rate munis and swaps.

Top quality municipal bonds were stronger at mid-session, traders said, as the last of the week’s big deals hit the screens.

Thomas D. Zoidis, a former municipal finance professional in Philadelphia, died on July 27. He was 84.

Washington State is without a multi-billion dollar capital budget to allow debt issuance for public needs, in what the state treasurer says is a further reflection of how “new politics” is undermining the municipal market.

Municipal bond traders are set to see the last of the week’s big deals hit the screens as several large competitive deals remain on tap.

Sparks, Nevada’s Tourism Improvement District No. 1 on Tuesday got a ratings boost from Moody’s Investors Service, which said a default is no longer expected.

Illinois Gov. Bruce Rauner's veto of school aid legislation jeopardizes school funding and ratings, Fitch reports.

The House expects to hold committee hearings on tax reform in September.

The Puerto Rico Oversight Board announced it was planning an investigation of the island’s public sector debt.