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Interstate highway system is deteriorating due to low level of investment as traffic congestion increases.
June 28
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State bonded debt was relatively flat in 2015, according to a report released this week by Moodys Investors Service.
June 28 -
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The House GOP blueprint for tax reform released Friday sparked mixed reactions in Congress, with leading Democrats criticizing its lack of detail and Republicans lauding its proposed pro-growth efforts through limits on deductions, exclusions and credits in the current tax code.
June 27
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In one of the biggest rallies in recent memory, municipal bonds surged on Friday after Britain voted to leave the European Union. Yields on some top-rated municipals fell by as much as 17 basis points to record low levels, in a move that some analysts said signaled yields will remain near all-time lows for longer than anyone had expected, and that negative U.S. interest rates may be on the horizon.
June 24
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices was steady at 3.80% from the previous week.
June 23 -
Columbus, Ohio selected as national testing ground for smart transportation technology.
June 23
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The board of New Yorks Metropolitan Transportation Authority on Wednesday authorized a bond offering to monetize a portion of the 99-year lease payments from Hudson Rail Yards commercial and residential development.
June 22 -
The District of Columbia submitted its enacted $13.4 billion fiscal 2017 budget and 2017-2020 capital plan to Congress and President Obama Wednesday, defying Republican legislation that would curtail any such action without congressional approval.
June 22
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Bond industry veteran Tony Miscimarra is the new managing director of business development at BondWave LLC, as the financial technology company and registered investment advisor prepares to launch a suite of new technology products.
June 22
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Sponsors of a $1 billion rail line in north Texas said more than $535 million of federal funding is on the way.
June 22
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Much of the funding in Massachusetts new five-year, $14.8 billion capital plan goes to transit infrastructure upgrades.
June 21
