Capital markets

Rating pressures eased on the healthcare system's low investment grade rating.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices rose two basis points to 4.11% from the previous week's 4.09%.

The downgrade affected $38.4 million of general obligation debt.

It's two downgrades this week for Connecticut's troubled capital city.

The county’s 25-year, $339 million refunding sold with an all-in, true-interest cost of 3.38%.

The end of a two-year old budget impasse led S&P to affirm Illinois and assign a stable outlook.

A merger between Philadelphia University and Thomas Jefferson University will have no immediate credit impact , according to Moody’s Investors Service.

While working on two bond sales and finalizing a new budget, Cook County, Ill. is eyeing layoffs.

S&P Global Ratings said it affirmed its BBB-minus rating on Illinois' general obligation bonds, and the BB-plus ratings on the state's appropriation-backed debt, which includes Chicago's outstanding motor fuel tax (MFT) revenue bonds.

Struggles with tuition revenue growth landed a junk rating for Hartwick College in Oneonta, N.Y.

The county plans to price $344 million of limited obligation refunding warrants, with a new 1% local sales tax supporting debt service.

Gov. Tom Wolf and Pennsylvania lawmakers must still agree on a revenue package

Junk status underscores the need for a 'far-sighted restructuring,' according to Luke Bronin.

Fitch Ratings lowered the Sooner State to AA from AA-plus.

Gov. Tom Wolf bought time to pass the bills necessary to fund Pennsylvania's $32.2 billion spending plan.

Chicago Public Schools borrowed $500 million after doubling the size of its GO offering.

Allegations of fiscal mismanagement landed a California school district on negative watch.

Municipal market participants will get back to work and find their hands full, with $9 billion of new issuance forecast for the primary market.

Moody's Investors Service said it has placed Chicago's Ba1 general obligation rating under review for possible downgrade.

The Illinois House overrode Gov. Bruce Rauner's veto to enact the first state budget in two years.