News and Information from Bond Buyer

Investment research firm Morningstar said it will no longer provide municipal bond credit analysis or commentary.

Bond insurer Syncora Guarantee said in a court filing that Detroit, as well as federal court mediators and even the bankruptcy judge himself have unfairly singled out the insurer as part of an anti-Wall Street public relations campaign.

Houston's $527.5 million combined utility system bonds are more in demand than the $1.7 billion Los Angeles Unified School District general obligation refunding bonds also scheduled to price this week, according to market participants.

Debate over the 38 Studios bond fiasco reheated late into the night as a Rhode Island lawmaker offered a bill to ban a $12.5 payment on moral obligation debt a state agency issued on behalf of the failed video game maker.

Detroit officials will meet Thursday with Ambac Assurance Corp. and Blackrock Financial in a court-ordered mediation session to try to reach a settlement after months of failed talks.

Wednesday, June 11 Issuer St Description Amount

Wednesday, June 11 Issuer St Description Amount

Indicator Last Report Forecast Actual Wholesale Inventories March: +1.1% April: +0.5% April: +1.1% Wholesale Sales March: +1.6% April: +0.8% April: +1.3%

Jun. 11, 2014 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.34 2.15 3.49 4.56 Indiana Aaa/AAA/AA+ 0.14 1.31 2.42 3.49 Iowa Aaa/AAA/AAA 0.14 1.32 2.41 3.48 Michigan Aa2/AA/AA 0.19 1.46 2.6 3.7 Minnesota Aa1/AA+/AA+ 0.14 1.28 2.36 3.39 Missouri Aaa/AAA/AAA 0.14 1.26 2.32 3.39 Nebraska NR/AAA/AA+ 0.16 1.37 2.5 3.56 North Dakota Aa1/AA+/NR 0.15 1.35 2.47 3.54 Ohio Aa1/AA+/AA+ 0.15 1.36 2.47 3.55 South Dakota NR/AA+/NR 0.15 1.36 2.51 3.59 Wisconsin Aa2/AA/AA 0.15 1.35 2.49 3.58

Week Of June 9 Issuer St Description Amount

Week Of June 9 Issuer St Description Amount

6/10/2014 6/3/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 7 $27,720 13 $431,965 -$404,245 Indiana 11 338,310 8 41,320 296,990 Iowa 9 38,425 9 71,400 -32,975 Michigan 4 37,485 15 328,625 -291,140 Minnesota 34 351,849 25 192,940 158,909 Missouri 4 23,180 4 23,180 0 Nebraska 2 225,870 0 0 225,870 North Dakota 4 66,645 1 7,185 59,460 Ohio 3 22,675 6 339,775 -317,100 South Dakota 1 58,600 0 0 58,600 Wisconsin 26 201,680 21 168,515 33,165

ALASKA

COLORADO

The Chicago Transit Authority has received a first time rating from Kroll Bond Rating Agency of AA on its upcoming sale of nearly $600 million of sales tax backed revenue bonds to fund capital projects.

Government

Trading activity was heavy with a bulk of the week's new issue calendar entering the market on Tuesday as munis weakened.

Catherine Taylor will resign as Rhode Island director of elderly affairs, effective June 20, to run for lieutenant governor.

Hawaii Gov. Neil Abercrombie announced a plan to fix an “inconsistency” of $444 million between the state budget bill and the bond authorization bill passed by the state legislature.