News and Information from Bond Buyer

Successful St. Louis and Kansas City tax and bond measures support their credit profiles.

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

An 11th New Jersey credit downgrade under Gov. Chris Christie prompted a grilling of State Treasurer Ford Scudder Wednesday about concerns of future higher borrowing expenses.

Municipal market participants will see a little more volume to go along with one less work day next week, on the heels of Friday's weaker-than-expected March employment report.

In the face of continuing uncertainty surrounding federal polices regarding states and cities, the New York City Council this week urged Mayor Bill de Blasio to build up the city’s reserves.

Consumer credit increased by $15.2 billion in February to $3.792 trillion, the Federal Reserve reported Friday.

Forty states will share $768 million of federal emergency road funding for infrastructure damage.

The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.

Parker Poe Adams & Bernstein LLP hiring public finance veteran Matt Nichols.

State and local transportation projects in California will benefit from a $52 billion package approved by the Legislature.

The Treasury Department Wednesday sold $25 million 37-day cash management bills, dated April 11, due May 18, at a 0.720% high tender rate.

Assured Guaranty Corp. formally requested that the Puerto Rico Oversight Board revoke certification of the 10-year fiscal plan on the grounds of material non-compliance with Puerto Rico Oversight Management and Economic Stability Act.

Municipal bonds remained stronger at mid-session, after the March employment report came in weaker than expected and ahead of next week’s new issue calendar.

Central Falls, R.I., Mayor Jim Diossa discussed the city’s climb from bankruptcy to investment grade.

Municipal bonds strengthened in early activity, traders said, after the March employment report came in weaker than expected.

U.S. inflationary pressures were down in March, as the U.S. future inflation gauge decreased to 113.2 from a 113.5 reading in February, according to data released Friday morning by the Economic Cycle Research Institute.

The Treasury Department said it will auction $25 million 37-day cash management bills on April 7.

Illinois House Democrats pressed forward on an $800 million spending bill.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose one basis point to 4.23% from the previous week's 4.22%.

The Alabama Ethics Commission found probable cause to believe Gov. Robert Bentley violated ethics and campaign finance laws.