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While municipals hit the pause button Friday, the movement in yields in the first week of July marked the largest one-week decline in 2021.
July 9
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The public transit agenices are benefitting from sales taxes that fared better than expected through the pandemic and the state's stronger fiscal footing
July 9
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Hawaii lawmakers made changes to the budget this week in response to a flurry of vetoes from Gov. David Ige.
July 9
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Moody's Investors Service upgraded the county — home to Detroit — A3 from Baa1 while also elevating its rating outlook to positive.
July 9
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General fund receipts increased to record surplus as road fund receipts gained 10.1% in the Bluegrass State.
July 9
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Pedro Pierluisi proposed two measures as an alternative to Law 7-2021, over which the Oversight Board sued the governor and the legislature a week ago.
July 9
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Rating agencies are pushing municipal issuers to build online security risks like ransomware attacks into mitigation strategies that include more transparency.
July 9
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S&P followed Moody's in raising Illinois' general obligation rating, moving it to BBB as the state's fiscal picture brightens.
July 8
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Fund inflows are a demand component unlikely to slow during the heavy reinvestment season, keeping the yield environment squarely in issuers' favor.
July 8
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Chicago's net pension liabilities increased by $1.1 billion in 2020 to almost $33 billion.
July 8
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A strong resurgence from last year's pandemic-driven recession is reflected in record revenue for June and the fiscal year in Oklahoma.
July 8
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PFM Asset Management will continue to operate as a separate entity. The deal does not affect PFM’s financial advisory business which will continue to operate independently.
July 8
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The Fitch Ratings upgrade applies only to GO debt — the city's issuer default rating remains AA-plus. The GOs benefit from California’s 2016 statutory lien law.
July 8
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S&P said the rating on the senior living revenue bonds Capital Trust Agency issued for borrower H-Bay Ministries Inc. of Texas will now be withdrawn in 30 days.
July 8
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In his lawsuit in state Supreme Court, the New York city comptroller seeks a return of oversight to his office,
July 8
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The Dormitory Authority of the State of New York overtook California for the most issuance, while New York issuers made up half of the top 10.
July 8
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As the White House weighs the potential renomination of Jerome Powell as chair of the Federal Reserve, officials are discussing the use of openings on the board to reshape the central bank.
July 7
