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Municipal issuers no longer consider bankruptcy to be taboo and distressed governments are increasingly likely to consider it an option, Moody's analysts said in a report.
August 6 -
The Treasury Department and Internal Revenue Service have included two new bond-related projects on their priority guidance plan for 2015-2016.
August 5
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The North Carolina House puts a proposed $1.7 billion road infrastructure plan on fast track.
August 5
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Municipal credit quality deteriorated in the second quarter, reflecting fiscal problems in Puerto Rico, New Jersey and Chicago, according to Moody's Investors Service.
August 4 -
Higher than expected revenues gives Missouri the needed matching funds for federal road dollars in 2017.
August 4
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Within hours of the Obama Administration's release of the final Clean Power Plan on Monday, opponents vowed to take legal action to block the rule while others hailed the measure.
August 4
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MacKay Shields forecast rising demand, a steep yield curve, volume growth, the return of monoline insurance, and outperformance in the tobacco sector for this year.
August 3
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President Obama signed Congress's latest transportation funding extension while criticizing lawmakers for the short-term HTF fix.
August 3
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Municipal volume is expected to spike to $7.8 billion for the week of Aug. 3, with an almost billion dollar deal coming from the Pacific Northwest and five separate competitive issues from Minnesota totaling more than $1 billion.
July 31
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Requests for $500 million of federal TIGER grants available in fiscal 2015 total $9.8 billion, Transportation Secretary Anthony Foxx said.
July 31
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Municipal bond funds suffered a reverse and saw outflows in the latest week, according to the latest Lipper data. Funds which report weekly saw $73.372 million of outflows in the week ended July 29, after seeing inflows of $125.410 million in the previous week. The prior weeks inflows were the first time in 12 weeks the funds had seen a cash infusion.
July 30
