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The White House is rejecting Republican demands to split up its nominees to the Federal Reserve, with President Biden’s spokeswoman telling GOP lawmakers to show up and vote no on Sarah Bloom Raskin rather than further stalling consideration.
March 4
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Market volatility has risen significantly, particularly in the last several weeks, with daily Treasury yield swings of 10 basis points or more becoming the norm with municipals struggling to stabilize.
March 4
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The teachers are trying to prevent enactment on March 15.
March 4
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The low-interest federal loans will complete financing packages for Virginia's express lane extension outside Washington D.C. and Maryland’s Purple Line light rail project.
March 4
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Forty-one of the state's 115 school districts are floating bond measures or seeking tax levy increases.
March 4
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The City Council on Wednesday began the first of a series of hearings on Mayor Eric Adams' $98.5 billion preliminary fiscal 2023 budget.
March 4
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ETFs pulled in just more than $2 billion in February while muni mutual funds saw $8.5 billion of outflows.
March 4
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Federal Reserve Bank of Chicago President Charles Evans said the central bank should increase interest rates to close to its “neutral” setting this year, implying as many as seven quarter-point hikes.
March 4
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Moody's raised the Chicago Board of Education's rating by one notch to Ba2.
March 4
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Green bond issuance may offer no pricing benefit to issuers, but observers have noticed that the process of issuing a green bond often leads to an expanded investor base.
March 4
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Ongoing turmoil in the Ukraine is roiling markets, municipals included. Refinitiv Lipper reported more outflows, with high-yield seeing $818.218 million pulled out in the latest week.
March 3
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Photos from The Bond Buyer's 2022 National Outlook Conference.
March 3
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Senate Democrats insist the GOP's boycott of President Biden's picks for the Federal Reserve is interfering with the central bank's handling of an economic crisis. But GOP lawmakers say the Fed is functioning fine and their concerns about nominee Sarah Bloom Raskin are material.
March 3
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The MSRB’s annual fact book, released on Wednesday, shows that par amount trading volume was down 28% in 2021 when compared with 2020.
March 3
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Puerto Rico teachers' associations are trying to delay the March 15 enactment of the Plan of Adjustment while they appeal it.
March 3
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The Turnpike Authority is gearing up bond financing for a $5 billion capital plan, and will pick a team of underwriters and others later this year.
March 3
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The University of Michigan follows Michigan State this month in joining the club of universities offering 100-year bond maturities.
March 3
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A controversial tax on fuel exported to other states from Washington refineries was cut by the plan's author after neighboring governors cried foul.
March 3
