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Senate leaders hope to vote on a $300 billion transportation bill by mid-week as funding cutoff looms.
July 24
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Municipal volume is forecast to slip from what may turn out to be the peak of weekly issuance for the rest of the year.
July 24
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For the week ended July 23, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased four basis points to 4.44%, from 4.48% the previous week.
July 23 -
For the first time in 11 weeks, municipal bond funds reported cash inflows.
July 23 -
Senate debate gets under way on $317 billion, six-year transportation bill after Democrats soften opposition to revenue measures.
July 23
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House leaders from both parties say the Senate should drop a multiyear bill and adopt a short-term HTF extension.
July 22
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Municipal bond funds have reported outflows for 11 straight weeks, as investor confidence gave way to concerns over the credit of such issuers such as Puerto Rico and Chicago and the probability of rising interest rates.
July 22
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- Texas
The University of Texas System saw strong demand for $218 million of Permanent University Fund bonds priced through a nine-member syndicate led by JP Morgan.
July 21
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The Senate will move forward with a compromise six-year transportation funding bill hammered out over the weekend in negotiations between Senate Majority Leader Sen. Mitch McConnell, R-Ky., and Sen. Barbara Boxer, D-Calif., despite a setback on a procedural vote on Tuesday.
July 21
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Even as it stepped closer to a Michigan state takeover, Wayne County's county's chief executive said the struggling government would not travel down the same path as its largest city, Detroit.
July 21
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The Illinois Finance Authority is rolling out a new financing program to help smaller hospitals purchase equipment and meet federal healthcare record-keeping mandates.
July 21
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