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A two-year reauthorization of the Federal Aviation Administration under consideration this week by a Senate committee would provide more federal funding for runways and other infrastructure while keeping the revenue source used to back bonds financing terminal projects at its current level.
March 14
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Democratic presidential candidates favor more infrastructure spending while three of four Republican contenders want to curtail federal funding.
March 11
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With performance thriving and volatility trending lower, investors have pumped cash into high-yield municipal bond funds for the past 22 weeks to extend the sectors more than two-year recovery.
March 11
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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 two basis points higher to 4.10% from 4.08% for the previous week.
March 10 -
Revised outlooks to negative from two of the four bond rating agencies represent bittersweet news for Connecticut, said state Treasurer Denise Nappier.
March 10 -
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States have three years to expend $1.9 billion of unused congressional earmarks for transportation projects.
March 9
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A $1 trillion shortfall in public pension plans is rooted in poor governance, think tank Manhattan Institute for Policy Research reported.
March 9 -
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Organizers of a muni conference that features academics, market practitioners, public officials and regulations are rebranding the event and moving it from Boston to Washington.
March 8 -
From a threatened teacher strike to an escalating state-level attack on its governance and borrowing powers, the barrage of bad news has not let up for junk-rated Chicago Public Schools.
March 8
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Nebraska lawmakers and governor agree on a proposed $450 million infrastructure bank financed with gas tax revenues.
March 8
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With one month to go until opening day, Standard & Poors Rating Services on Friday raised its underlying rating on the District of Columbias baseball park revenue bonds to BBB+ from BBB.
March 8
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Land-secured municipal bond defaults have plunged thanks to shifts in market practices and macroeconomic trends since the Great Recession.
March 8
