Capital markets

Moody's Investors Service affirmed the state’s ratings and revised its outlook to stable from negative.

Chicago's 2017 CAFR offers deep dive into Chicago's fiscal gains and deeper strains.

CPS inches up speculative grade credit ladder, which in turn helps garner Chicago a stable outlook.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dipped to 3.96% from 3.97% the week before.

Moody's has cut the ratings of 31 Illinois municipalities due in part to pension strains over the last 18 months.

Two Dallas-area school districts put their recently approved bonds up for sale to a receptive market.

The league tables show a return to normal from the first quarter, when PFM, Citi and JPMorgan all placed lower than usual.

Fitch Ratings says the application of its new rating criteria is not expected to result in widespread downgrades.

The combined $10 million payment by Aetna, The Hartford and Travelers is a positive for Connecticut's struggling capital, according to Moody's Investors Service.

The summer lull, trade policy, the Fed, and the lack of a federal infrastructure plan all weigh against a recovery in muni volume this year.

DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.

The Vermont Municipal Bond Bank is expanding its individual investor outreach ahead of its newest transaction.

Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.

Working under three elected comptrollers for 12 years, she was a stabilizing presence behind the scenes.

Carol Kostik, the senior among eight deputies, has worked for three city comptrollers and managed the issuance of more than $110 billion of debt .

Bradley Wendt, a former investment banker with extensive experience in municipal bonds, interest rate swaps, and other fixed income products, joins Treasury's Office of Domestic Finance.

Moody's calls Minnesota's pension reforms a positive for the state and its local governments.

Municipal bond issuance reached $30 billion for the third straight month, as the market prepares for what is expected to be a slow summer.

Gov. Paul LePage's post-pricing intervention to block the closing of $113 million of GO bonds may increase Maine’s future borrowing costs.

Education banker John Baracy has opened Raymond James’ first public finance office in Los Angeles.