Commercial banking
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The elevated new-issue market comes on the heels of one of the largest weeks of issuance.
June 10 -
Colin McNamara is a reporter for National Mortgage News. He recently graduated with a bachelor's degree in journalism and minor in general business from the University of Maryland, where he covered politics at Capital News Service and college sports as the managing editor of Testudo Times. He interned or freelanced for a variety of other publications, including The Baltimore Sun.
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Jarrod Barry is a summer reporting associate at National Mortgage News through the Dow Jones News Fund. He is currently studying at the Craig Newmark Graduate School of Journalism at CUNY.
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After the University of Idaho canceled plans to buy the for-profit online University of Phoenix, Moody's Ratings removed the school from watch for downgrade.
June 10 -
From elite universities to rural hospitals and ports, federal actions are shifting the muni credit landscape. IR+M's Wesly Pate explains how buy-side firms are reacting.
June 10 -
The Uinta Basin Railway's request for $2.4 billion of PABs comes as the U.S. Transportation Department is almost at its $30 billion debt cap.
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The action follows an upgrade for the sole purchaser of its power.
June 10 -
"The broader themes from the demand perspective are that it's choppy and people are not necessarily jumping into high-yield munis with both feet," said First Eagle's John Miller.
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The software uses pre-trade quote data to help predict the next trade level of bonds.
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Municipal bond issuers in the state dodged a barrage of bills in this year's legislative session seeking to constrain their debt sales.
June 10 -
The state of Maryland is going to market on Wednesday by selling $1.56 billion of general obligation bonds, which will be the first major sale since the state absorbed a credit downgrade from Moody's.
June 10 -
Alex Walters is an intern at The Bond Buyer via the Dow Jones News Fund. He is a rising senior at Michigan State University, where he writes for the student newspaper, The State News. Last summer, he interned at The Chronicle of Higher Education. His work has appeared in outlets including the Detroit Free Press and Bridge Michigan.
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Urvashi Patel , Ph.D., is the vice president of data and analytics at the Evernorth Research Institute. In her role, she is responsible for Evernorth product and market analytics, data science, and research. Her career has focused on the evaluation of clinical programs and services, including condition management, complex case management, quality improvement, and provider performance programs. As a health services researcher, she has led studies using a broad set of methodological techniques to evaluate the impact of programs for disease states such as diabetes, heart failure, end-stage renal disease, asthma, chronic obstructive pulmonary disease, and behavioral health.June 9 -
Whether PREPA can pay the administrative expense claim doesn't affect its validity, the bond parties said.
June 9 -
However, the new-issue calendar may not be "absorbed as easily, given valuations have grown less compelling after this week's performance," said Birch Creek strategists.
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