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Municipal bond funds reported inflows for the second week in a row, according to Lipper data released on Thursday. Weekly reporting funds experienced $520.807 million of inflows in the week ended Oct. 14, after inflows of $714.012 million in the previous week, Lipper said.
October 15 -
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, stayed the same at 4.37% from the week ended Oct. 8.
October 15 -
Officials at major U.S. ports, speaking at an infrastructure summit, said they are receptive to exploring private-public partnerships as a funding source to meet infrastructure needs.
October 15
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The District of Columbias recent institutional investor conference is likely to lead to increased demand for its bonds, the citys chief financial officer said.
October 15
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Even as funding ratios for U.S. state pensions stabilize, state and local government workers are retiring at a higher rate than new employees are being hired and this is putting additional pressure on their pension systems, Fitch Ratings said in a report released on Thursday.
October 15 -
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Christopher Brogdon, who was at the center of more than a dozen problematic healthcare municipal bond deals for which at least $2 million was unaccounted for, will resign from the board of healthcare firm AdCare.
October 14
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House Transportation Committee next week will consider a multiyear highway funding bill that lacks revenue provisions.
October 14
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BMO Global Asset Management has hired three municipal veterans to its municipal fixed income portfolio management division.
October 14
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- Wyoming
Alaska, North Dakota and Wyoming are the states most "in the crosshairs" as energy revenues look to remain low well into next year, Fitch Ratings said.
October 13
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A new poll by AAA finds 45% of Americans blame Congress for an inadequate level of transportation funding.
October 13
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An attorney for Jefferson County, Ala., has asked an appellate court to consider the analysis of a federal judge who dismissed the final appeal in Detroits bankruptcy case.
October 9
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Virginia will consider the qualifications of six potential partners before making decision on $2.1 billion upgrade of I-66.
October 9
