Capital markets

S&P joined Moody's and Fitch in downgrading Connecticut.

S&P Global Ratings has revised the outlook on Nassau County, N.Y.'s general obligation (GO) debt to stable from negative.

S&P Global Ratings says stock market gains will boost California revenues in fiscal 2018.

The Indiana's school bond intercept program's AA-plus rating was affirmed after legislative tweaks.

RBC Capital Markets hired David Utz, formerly of Goldman Sachs, as its managing director and head of its U.S. infrastructure team.

Illinois and its local governments will all suffer if the state is downgraded again, Nuveen warns.

Hartford, Conn.’s latest downgrade shows Connecticut must help the city avert bankruptcy, said Mayor Luke Bronin.

MetroHealth's low-investment-grade deal received plenty of orders with attractive yields offered.

Connecticut was downgraded to A1 from Aa3 by Moody's Investors Service.

Hartford, Conn. received another downgrade as S&P Global Ratings lowered the city to BBB-minus.

Gov. Dannel Malloy presented a new Connecticut budget as two rating agencies downgraded the state.

Municipal market participants are set for a second week of issuance greater than $8 billion amid a surge in demand.

Build America Mutual reported a jump in claims-paying resources and statutory comprehensive income in the first quarter as well as a smaller statutory loss than in the past.

New Jersey received final bonding approval on a large-scale state house renovation project.

Connecticut received a push out of double-A territory, as Fitch Ratings dropped it to A-plus.

A Dallas school bus agency fell to a junk bond rating as a potential default neared.

The Illinois Senate President warned that disaster looms if historic gridlock doesn't end soon.

MBIA Inc. said first quarter profit of its U.S. public finance business fell as premiums from refunding transactions declined.

Illinois lacks a path to restructure state debt but Puerto Rico's filing heightened chatter.

New York’s Metropolitan Transportation Authority intends to return to the catastrophe bond market.