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For the week ended July 23, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased four basis points to 4.44%, from 4.48% the previous week.
July 23 -
For the first time in 11 weeks, municipal bond funds reported cash inflows.
July 23 -
Senate debate gets under way on $317 billion, six-year transportation bill after Democrats soften opposition to revenue measures.
July 23
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House leaders from both parties say the Senate should drop a multiyear bill and adopt a short-term HTF extension.
July 22
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Municipal bond funds have reported outflows for 11 straight weeks, as investor confidence gave way to concerns over the credit of such issuers such as Puerto Rico and Chicago and the probability of rising interest rates.
July 22
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The Senate will move forward with a compromise six-year transportation funding bill hammered out over the weekend in negotiations between Senate Majority Leader Sen. Mitch McConnell, R-Ky., and Sen. Barbara Boxer, D-Calif., despite a setback on a procedural vote on Tuesday.
July 21
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Even as it stepped closer to a Michigan state takeover, Wayne County's county's chief executive said the struggling government would not travel down the same path as its largest city, Detroit.
July 21
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Senate Republican leaders are working on a multiyear transportation bill that would resolve the shortfall in the Highway Trust Fund by dedicating roughly $40 billion of additional revenue to it from a variety of sources.
July 20
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An estimated $9.16 billion in primary issuance is expected for the week of July 20, headlined by a $1.2 billion sales tax revenue offering from the New York State Dormitory Authority.
July 17
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Virginia will eliminate tolls on two tunnels under construction with $78 million saved by cancelling a P3 road project.
July 17
