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A volatile U.S. Treasury market and month-end positioning are pressuring municipal yield curves.
June 22 -
LSC plans to submit a proposal to the Texas Higher Education Coordinating Board that would allow it to offer a Bachelor of Science in emergency management degree under a new state law.
June 22 -
Trying to break a logjam that has stalled clean energy legislation, Illinois moved back a decommissioning date by 10 years for Prairie State and Springfield's Dallman 4 plant.
June 22 -
Excessive payments to 24 employees exceeded $470,000 between 2005 and 2018, according to the Massachusetts inspector general's office.
June 22 -
John Hallacy, founder of John Hallacy Consulting LLC, talks with Chip Barnett about the pandemic’s lingering credit impacts on state finances in a wide-ranging discussion of the many issues affecting the municipal market today. (17 minutes)
June 22 -
The agreement over middle-class tax relief could set the stage for passage of the fiscal 2022 budget.
June 22 -
The Federal Reserve must be prepared to move if inflation continues to surprise to the upside, according to one Fed president, while another again stated a desire for the Fed to pull back on its accommodation.
June 21 -
Limetree Bay Energy, the U.S. Virgin Islands' largest private-sector employer, was an important source of government revenue.
June 21 -
L.A. Metro broke ground Monday on the long-awaited train station that will connect Los Angeles International Airport to the city's transit system.
June 21 -
The U.S. Supreme Court's upholding Obamacare removes one potential headache for a healthcare sector still recovering from the COVID-19 pandemic's wounds
June 21 -
Toll roads suffered tremendously from dips in traffic associated with the COVID-19 pandemic.
June 21 -
Texas entered a new state of uncertainty when Gov. Greg Abbott cut off funds for the legislature while launching an online fundraising scheme for a controversial border wall.
June 21 -
After a year of adjustments made as a result of the pandemic, Baylor University earned a positive outlook on $124 million of new-money revenue bonds.
June 21 -
The city council is considering the city's budget, which gave preliminary approval to a roughly $5.2 billion spending plan that allocates $156 million for violence prevention programs. Council members expect to vote on the budget Thursday.
June 21 -
The coalition wants the final budget signed by Gov. Gavin Newsom to include his broadband proposal, not the Legislature's.
June 21 -
The city faced significant challenges finishing its annual comprehensive financial report as a result of a cyberattack, an overhaul of financial systems and managing through the COVID-19 pandemic.
June 21 -
Puerto Rico's government tells the court the Disclosure Statement should address the likelihood the legislature will not approve new bonds for the plan of adjustment since the plan cuts pensions.
June 18 -
Illinois Gov. J.B. Pritzker signed the fiscal 2022 budget with good fiscal and market news in tow and announced his deputy for budget matters, Dan Hynes, is departing.
June 18 -
The short end of the yield curve faced pressure from a cheaper UST five-year. As the flattening trend in UST takes hold, demand for duration will also spill over into the tax-exempt space, with long-dated munis continuing to outperform, analysts say.
June 18 -
The Justice Department analysis was released Wednesday in conjunction with a House Natural Resources Committee hearing on two competing bills aimed at determining the territory’s future.
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