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Municipal bond funds again saw outflows in the latest week, according to Lipper data released on Thursday. Weekly reporting funds experienced $95.986 million of outflows in the week ended Sept. 9, after seeing outflows of $586.481 million in the previous week, Lipper reported.
September 10 -
In the week ended Sept. 10, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was up two basis points to 4.44% from 4.42% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
September 10 -
Fitch Ratings released a draft on Thursday detailing changes to its U.S. tax-supported bond rating criteria. The rating agency said it expects less than 10% of the ratings covered would be affected.
September 10 -
Key House committee chairman says not enough time for agreement on funding a multiyear highway bill before current extension expires.
September 10
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Latest estimate shows Highway Trust Fund to stay solvent through June 2016, easing pressure for quick passage of long-term highway bill.
September 9
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Arkansas revives road projects stalled over federal funding concerns, but officials say long-term HTF solution is essential.
September 8
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According to Ipreo LLC and The Bond Buyer, municipalities will sell an estimated $3.70 billion of total new volume, compared to the revised $3.32 billion that was priced in the past week as reported by Thomson Reuters.
September 4
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Immediate threats to Pennsylvania bondholders are minimal despite a two-month state budget stalemate, said Moodys Investors Service.
September 4 -
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Municipal bond funds saw outflows in the latest week, according to Lipper data released on Thursday. Funds which report weekly saw $586.481 million of outflows in the week ended Sept. 2, after seeing outflows of $344.563 million in the previous week, Lipper reported.
September 3 -
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased two basis points to 4.42% for the week ended Sept. 3 from 4.40% in the previous week.
September 3 -
The twin ports of Los Angeles and Long Beach are bracing for potential impacts from a slowing Chinese economy.
September 3
