-
Fitch Ratings said has downgraded the rating on the Puerto Rico Sales Tax Financing Corporation (COFINA) $6.3 billion senior lien sales tax revenue bonds and $8.9 billion first subordinate lien sales tax revenue bonds to D from C.
July 3
-
New Jersey government is in shutdown mode for the first time in 11 years after Gov. Chris Christie and state lawmakers failed to reach agreements on a new budget before the close of the 2017 fiscal year Friday night.
July 3
-
The Illinois House on Sunday sent a budget plan back to the Senate with action needed to avert historic fall to junk.
July 3
-
Managers differ on how to position funds as they wait for clarity on economic and interest rate policy.
July 3
-
The municipal bond market was quiet on Monday ahead an early close to trading and Tuesday’s full close for the Fourth of July holiday.
July 3
-
With the first half of the year officially in the books, we take a look at long-term municipal bond issuance.
July 3
-
Construction spending was flat in May, data released by the Commerce Department Monday morning showed.
July 3
-
The overall economy grew for the ninety-seventh straight time, the Institute for Supply Management reported Monday.
July 3
-
An asset manager looks to tap growing demand for sustainable investments the same day the president pulls out of the Paris Accord.
July 3
-
-
Pricing wires for negotiated bond offerings
-
Pricing wires for competitive bond offerings
-
Chicago Public Schools sent $467 million to the teachers' pension fund as required Friday.
June 30
-
Maine Gov. Paul LePage vowed to reject the legislature's bipartisan budget proposal.
June 30
-
Issuance is forecast to screech almost to a halt during the July 4th holiday shortened week.
June 30
-
The Illinois House speaker, citing progress, asked rating agencies to hold off on negative action.
June 30
-
Muni analysts pointed to June's uptick in volume as a sign that issuance may start to rebound.
June 30
-
The No Sanctuary for Criminals Act passed the House Thursday in a largely party line 228-195 vote.
June 30
-
The five year municipal default rate since 2007 is twice the average since 1970, though it's still a fraction of the default rate on corporate bonds.
June 30
-
Revenues from fuel taxes that fund highway projects inevitably will decline as more ultra-fuel-efficient vehicles hit the road.
June 30
