Public finance

Illinois is staring at a historic fall into junk territory if lawmakers can't compromise.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

Illinois Senate Republican Leader Christine Radogno will resign from the legislature Saturday.

Puerto Rico's first mediation meeting in its Title III bankruptcy case will take place on July 12.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices rose one basis point to 4.05% from the previous week's 4.04%.

Legislation to overhaul retirement benefits for Michigan teachers will make it easier to predict pension costs, S&P said.

Wayne County, Michigan has two proposals to finish a partially built, bond-financed jail project

New York lawmakers approved a three-year extension of counties' authority to levy local sales tax.

With fiscal year 2017 nearing an end in Puerto Rico, the Oversight Board was threatening to approve a budget Friday morning without local government agreement and the electric power authority was on the verge of default on a $423 million bond payment due Monday.

Cuts to Ohio's Medicaid program may delay Gov. John Kasich's signature on the state budget.

Bonds were hit Thursday by a combination of global central bank comments, strong Eurozone economic data, and rising expectations of another interest rate hike by the Federal Reserve this year.

Orange County is out of the woods, but other California governments face challenges.

The revised federal grant program would reward freight projects with innovative financing, including P3s.

The SEC could charge workers from Morgan Stanley & Co. and Barclays Capital, who worked on the deals.

Municipal bonds were weaker as yields rose as much as seven basis points. In the primary, the N.Y. MTA postponed its $700 million green bond deal while Goldman priced the Los Angeles Department of Water & Power’s bonds.

Despite some sticker shock, the Dallas City Council will move forward with a $1.025 billion November bond package referenda.

Gov. Andrew Cuomo announced emergency actions for mass transit in New York City.

The U.S. Securities and Exchange Commission may take action against bankers from Barclays Plc and Morgan Stanley for their roles in Puerto Rico bond sales before a worsening fiscal crisis sent it hurtling toward bankruptcy.

The Illinois governor says he will keep lawmakers in session until a budget agreement is reached.