- California
California revenues fell short of estimates in Gov. Jerry Brown's 2016-17 proposed budget, according to State Controller Betty Yee's monthly cash report.
June 10
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Top-quality municipal bonds finished stronger on Friday, as the yield on Municipal Market Data's 30-year muni general obligation fell to its fourth straight record low.
June 10
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The full Senate is expected to take up the Puerto Rico bill passed by the House and vote on it before the end of the month or in early July.
June 10
- California
California's controller, governor and some senators are calling for tax reform that would help eliminate the volatility inherent in dependence on taxing the state's affluent residents.
June 10
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Kentucky, after plugging billions into its massively underfunded pensions this year, is hitting the brakes on transportation spending.
June 10
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The federal government ran a $52.5 billion deficit in May, the Treasury Department reported Friday.
June 10 -
Road projects in Illinois are imperiled by lawmakers' failure to reach accord with Gov. Bruce Rauner on fiscal 2017 state budget.
June 10
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The House Appropriations Committee on Thursday approved a fiscal 2017 appropriations bill that would reduce funds for the Internal Revenue Service, the Securities and Exchange Commission and the District of Columbia.
June 10
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The Securities Industry and Financial Markets Association is urging the Securities and Exchange Commission to amend its Rule 15c2-12 on municipal bond disclosure and provide more guidance in this area.
June 10
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Moody's Investors Service downgraded Mercy Health, Ohio's largest not-for-profit healthcare system, to A2 from A1
June 10
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Atlantic City's junk-rated Municipal Utilities Authority could play a key role in deciding the distressed city's financial fate.
June 10
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Top-quality municipal bonds were stronger at mid-session, according to traders, as the market took a brief respite ahead of the upcoming week's $5.7 billion new issue slate.
June 10 -
The University of Michigan's preliminary June consumer sentiment index reading was 94.3, compared to the final May 94.7, according to market sources.
June 10 -
The municipal bond market on Friday will take a brief respite from the week's healthy new issue pace and eye the direction of yields, which have been heading into record low territory for most of the week.
June 10 -
Jun. 10, 2016 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa1/AA+/AAA 0.7 1.29 1.92 2.66 California Aa3/AA+/A+ 0.63 1.14 1.78 2.41 Hawaii Aa2/AA/AA 0.61 1.13 1.74 2.49 Idaho Aa1/AA+/AA+ 0.58 1.15 1.78 2.53 Montana Aa1/AA/AA+ 0.58 1.14 1.79 2.55 Nevada Aa2/AA/AA+ 0.62 1.17 1.8 2.57 Oregon Aa1/AA+/AA+ 0.6 1.09 1.65 2.39 Washington Aa1/AA+/AA+ 0.62 1.17 1.82 2.56 Wyoming NR/AAA/NR 0.58 1.11 1.7 2.44
June 10 -
6/9/2016 6/2/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 0 0 $0 $0 California 11 487195 14 466,340 20,855 Hawaii 0 0 0 0 0 Idaho 0 0 0 0 0 Montana 0 0 0 0 0 Nevada 1 23500 1 107,975 -84,475 Oregon 2 62805 2 45,595 17,210 Washington 5 1180040 7 1,384,985 -204,945 Wyoming 0 0 0 0 0
June 10 -
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