News and Information from Bond Buyer

The New York Yankees expect to price a $1.2 billion stadium bond refunding in mid-October.

The Senate on Thursday passed the long-stalled Water Resources Development Act of 2016 that would provide millions of federal dollars to Flint, Mich. and any other community facing a water crisis.

Oregon's economy continues to expand at full throttle despite some worrisome long-term signs, according to the state's newly-released economic forecast.

As California charter school enrollment has increased, so have conflicts over their access to school construction bond funds.

The unclear future of Detroit Public Schools state-aid backed bonds, plus governance and tax collection issues following the district's restructuring, prompted Moody's Investors Service to shift its outlook to "developing" from "negative."

San Diego will build an 11-mile extension of its Blue Line light rail system with a $1 billion federal transit grant.

The rapid increase in refundings for public power and water utilities will likely slow as interest rates are expected to rise through 2018, according to Fitch Ratings. Moody's Investors Service sees a stable operating environment amid low natural gas prices.

Top-shelf municipal bonds were weaker at mid-session, according to traders, who were seeing the last of the week's big deals come to market.

The Treasury Department said it will auction $13 billion 9-year 10-month inflation-protected notes on Sept. 22.

The Treasury Department said Thursday it will auction $40 billion 91-day bills and $36 billion 182-day discount bills Monday.

Indicator Last Report Forecast Actual Current Account Q1: -$131.8B Q2: -$120.5B Q2: -$119.9B Empire State Manufacturing Aug.: -4.21 Sept.: -1.00 Sept.: -1.99 Initial Jobless Claims 9/3: 259,000 9/10: 265,000 9/10: 260,000 Continuing Claims 8/27: 2.142M 9/3: 2.140M 9/3: 2.143M Philly Fed Manufacturing Aug.: 2.0 Sept.: 1.7 Sept.: 12.8 PPI July: -0.4% Aug.: +0.1% Aug.: unch PPI Core July: -0.3% Aug.: +0.1% Aug.: +0.1% Retail Sales July: +0.1% Aug.: unch Aug.: -0.3% ex-Autos July: -0.4% Aug.: +0.2% Aug.: -0.1% Industrial Production July: +0.6% Aug.: -0.3% Aug.: -0.4% Capacity Utilization July: 75.9% Aug.: 75.7 Aug.: 75.5 Business Inventories June: +0.2% July: +0.1% July: unch

Municipal bond traders will see the last of the week's big deals come to market on Thursday, led by an airport deal from San Francisco.

Industrial production fell 0.4% in August, the Federal Reserve reported Thursday.

The region's manufacturing sector expanded in September, as the general business conditions index soared to 12.8 from 2.0 in August, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

U.S. current account deficit fell to $119.9 billion in the second quarter of 2016 from a $131.8 billion deficit in the first quarter of, the Commerce Department reported Thursday.

Initial jobless claims rose 1,000 to 260,000 in the week ended Sept. 10, the Labor Department said Thursday.

The Empire State Manufacturing Survey showed "business activity edged lower in New York State," the Federal Reserve Bank of New York reported Thursday, as the general business conditions index narrowed to negative 1.99 in September from negative 4.21 in August.

Sep. 15, 2016 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.68 1.08 1.67 2.41 Florida Aa1/AAA/AAA 0.65 1.09 1.68 2.4 Georgia Aaa/AAA/AAA 0.64 1.02 1.57 2.27 Kentucky Aa2/A+/AA- 0.68 1.16 1.77 2.5 Louisiana Aa3/AA/AA 0.77 1.41 2.06 2.78 Mississippi Aa2/AA/AA 0.66 1.12 1.8 2.53 North Carolina Aaa/AAA/AAA 0.64 1.02 1.56 2.27 South Carolina Aaa/AA+/AAA 0.65 1.04 1.61 2.31 Tennessee Aaa/AA+/AAA 0.64 1.02 1.6 2.28 Virginia Aaa/AAA/AAA 0.63 1.01 1.56 2.26 West Virginia Aa1/AA-/AA+ 0.67 1.14 1.73 2.41

9/14/2016 9/7/2016 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 5 $629,145 1 $550,000 79,145 Florida 11 555,418 8 392,910 162,508 Georgia 4 1,013,040 4 1,032,780 -19,740 Kentucky 7 145,285 9 382,155 -236,870 Louisiana 5 504,110 2 16,050 488,060 Mississippi 1 288,515 0 0 288,515 North Carolina 3 720,635 4 557,990 162,645 South Carolina 2 29,825 3 47,720 -17,895 Tennessee 7 278,960 3 138,500 140,460 Virginia 8 660,045 3 570,000 90,045 West Virginia 0 0 0 0 0

Thursday, September 15 Issuer St Description Amount