News and Information from Bond Buyer

Jefferson County said Friday it will appeal an Alabama federal judge's ruling that threatens investors' security in $1.8 billion of sewer warrants sold last year.

Wisconsin voters will vote next month on whether to amend the state constitution to ban the diversion of transportation fund revenues for other expenses.

Moody's Investors Service has hit the Rock Island County Forest Preserve District in Illinois with a triple-notch downgrade and warning that further action could loom over its fiscal challenges.

The Chapter 11 bankruptcy of a public benefits corporation in Kentucky highlights the risks associated with such agencies, Moody's said.

A deal to create a new bond-issuing authority to take over the troubled Detroit Water and Sewerage Department advanced this week with the remaining counties approving the plan.

Municipal bonds will come priced even more aggressively in the primary next week, market participants said.

The National Association of Independent Public Finance Advisors voted at its annual meeting Thursday to change its name to the National Association of Municipal Advisors, and has elected Terri Heaton of Springsted Inc. as the renamed organization's president.

Other Post Employment Benefit liabilities, particularly retiree healthcare, could overtake pension liabilities as an issue for municipalities and investors,

UBS has agreed to compensate 34 Puerto Rico-based investors for their losses in investments in their municipal bond closed ended funds.

The Securities and Exchange Commission is concerned that Municipal Advisors are not registering properly and that some may be attempting to manipulate the MA rule as a marketing tool.

More than four decades after Southwest Airlines landed at Love Field, the Dallas airport is finally unshackled from the Wright Amendment that minimized its rivalry with Dallas-Fort Worth International.

The benchmark Puerto Rico general obligation 8s in 2035 yield jumped to its highest level since July after the Commonwealth's Government Development Bank sold $319.05 million of notes Thursday evening, according to data provided by Bloomberg.

Half the states are trying to minimize the impact of climate change on public infrastructure but others are far behind, the Georgetown Climate Center said.

The transit agency that provides commuter rail in the Chicago region could soon join the ranks of tax-exempt borrowers under a proposed $2.4 billion, 10-year capital program that relies on about $400 million of financing.

Raising the state gas tax and tolling East River and other bridges could help New York's MTA fill a gap of at least $15.2 billion, said former chairman Richard Ravitch.

The Government Development Bank for Puerto Rico sold $350 million in tax and revenue anticipation notes late on Thursday.

More than four decades after Southwest Airlines landed at Love Field, the Dallas airport is finally unshackled from the Wright Amendment that minimized its rivalry with Dallas-Fort Worth International.

Indicator Last Report Forecast Actual Initial Jobless Claims 9/20: 287,000 9/27: 295,000 9/27: 287,000 Continuing Claims 9/13: 2.398M 9/20: 2.410M 9/20: 2.381M Wholesale Inventories July: +0.1% Aug.: +0.3% Aug.: +0.7% Wholesale Sales July: +0.7% Aug.: +0.5% Aug.: -0.7%

Oct. 10, 2014 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.13 1.15 2.09 2.98 California A1/A/A+ 0.17 1.28 2.33 3.33 Hawaii Aa2/AA/AA+ 0.14 1.23 2.25 3.16 Idaho Aa1/AA+/NR 0.13 1.25 2.28 3.2 Montana Aa1/AA/AA+ 0.13 1.23 2.28 3.2 Nevada Aa2/AA/AA+ 0.16 1.25 2.28 3.23 Oregon Aa1/AA+/AA+ 0.13 1.17 2.17 3.07 Washington Aa1/AA+/AA+ 0.14 1.23 2.24 3.18 Wyoming NR/AAA/NR 0.13 1.23 2.18 3.08