Capital markets

The affirmation at Baa3 removed the threat Moody's would send Illinois to junk.

The rating agency cited state budget volatility that affects local government aid.

Bingham's 35-year muni career includes US Bancorp, Société Générale and Wachovia.

S&P dropped Alaska to AA amid dwindling budget reserves.

A decreased reliance on bonds to finance capital investments has created a need for more municipal market research tools, experts said.

State government April income tax revenue fell 4%, in what may be an early sign of the "Trump Effect" on taxpayer behavior.

Fitch took Illinois off negative watch, while keeping a negative outlook on its BBB rating.

The state's Supreme Court may order state lawmakers to increase K-12 spending.

The primary municipal bond market will keep chugging along next week, with participants set to see more action than they did in a fast and furious past week.

Pension funding woes drove the downgrade and continued negative outlook.

Three major rating agencies have reaffirmed Norwalk, Conn.'s top-notch credit rating in advance of a $35 million bond sale next week.

Alaska, unable to agree on budget stability, is blowing through its reserves.

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.