News and Information from Bond Buyer

Stephen Eide, a senior fellow at the Manhattan Institute for Policy Research, tells The Bond Buyer's Paul Burton why Hartford, New Haven, Bridgeport and Waterbury are struggling, how bond rating agencies have treated them, and recommends how the cities and the state can cope with the problem.

The Federal Reserve is "very well aware" of the possibility of policy changes that could impact the economy, but will not move on "speculation."

If the Fed followed the Taylor rule, unemployment would be higher and inflation lower, Federal Reserve Board Chair Janet Yellen said Tuesday.

Federal Reserve Board Chair Janet Yellen reiterated she will complete her term as chair.

New York Mayor Bill de Blasio cited the need to attract higher-paying jobs in his annual State of the City address.

A county judge heard opposing motions as a Scranton, Pa., taxpayer group looks to stop the distressed city from tripling its local services tax.

Two corporate executives and lobbyists told treasurers meeting here on Monday that they are hearing positive things about municipal bonds from legislative staffers, but a senior tax staffer from the Senate Finance Committee said tax reform may slip into 2018.

Municipal bond market participants are ready for the start of the week's new issuance, with the lion's share of new supply slated to hit the screens on Tuesday.

Membership substitution transactions are the most common form of business combination transaction in the nonprofit hospital industry. They are also widely misunderstood and the source of many mistakes.

The Fed funds rate target needs to be raised quicker than expected, Federal Reserve Bank of Richmond President Jeffrey Lacker said Tuesday.

The Federal Reserve should raise rates "sooner rather than later" to insure that future removal of accommodation can be done gradually, with patience, according to Federal Reserve Bank of Dallas President Rob Kaplan.

Feb. 14, 2017 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA-/NR 0.91 1.65 2.5 3.3 Arkansas Aa1/AA/NR 0.89 1.61 2.43 3.22 Colorado Aa1/AA/NR 0.89 1.64 2.49 3.29 Kansas Aa2/AA/NR 0.89 1.65 2.52 3.31 New Mexico Aa1/AA/NR 0.88 1.58 2.4 3.19 Oklahoma Aa2/AA+/AA+ 0.9 1.69 2.52 3.31 Texas Aaa/AAA/AAA 0.87 1.61 2.49 3.28 Utah Aaa/AAA/AAA 0.86 1.53 2.3 3.07

2/13/2017 2/6/2017 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 4 $197,875 4 $142,195 $55,680 Arkansas 0 0 0 0 0 Colorado 7 154,091 6 151,745 2,346 Kansas 2 12,145 5 20,175 -8,030 New Mexico 1 57,435 0 0 57,435 Oklahoma 8 95,890 5 75,920 19,970 Texas 36 505,535 39 425,785 79,750 Utah 3 59,860 7 1,083,035 -1,023,175

Tuesday, February 14 Issuer St Description Amount

Tuesday, February 14 Issuer St Description Amount

Week Of February 13 Issuer St Description Amount

Week Of February 13 Issuer St Description Amount

MASSACHUSETTS

CALIFORNIA

U.S. Virgin Islands Gov. Kenneth Mapp ordered a 10% cut in government spending for the remainder of the fiscal year.