Public finance

House Transportation Committee next week will consider a multiyear highway funding bill that lacks revenue provisions.

BMO Global Asset Management has hired three municipal veterans to its municipal fixed income portfolio management division.

ARKANSAS

NEBRASKA

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.

A new poll by AAA finds 45% of Americans blame Congress for an inadequate level of transportation funding.

INDIANA

CALIFORNIA

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 Detroit’s bankruptcy case.

Virginia will consider the qualifications of six potential partners before making decision on $2.1 billion upgrade of I-66.

Municipal bond funds stayed on a fund flow see-saw, reporting inflows for the latest week.

CALIFORNIA

ALABAMA

In the week ended Oct. 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell one basis point to 4.37% from 4.38% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Chicago Mayor Rahm Emanuel warned Thursday that Congress and the Executive Branch should not hurt two federal loan programs for infrastructure: the Transportation Infrastructure Finance and Innovation Act and the Railroad Rehabilitation & Improvement Financing programs.

Kroll has weighed in on Chicago’s 2016 budget, praising the spending plan for a key property tax increase but warning of unresolved challenges and one-shot revenue boosts.

House consideration of Senate’s six-year transportation bill could avoid a nationwide rail shutdown, said Sen. Barbara Boxer, D-Calif.

Some municipal bond strategists are adding risk to boost fourth-quarter yields following the Federal Reserve Board’s decision on Sept. 17 to keep rates unchanged, while other are playing a more defensive game.

ARIZONA

ALABAMA