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Puerto Ricos Monday meeting with its bondholders puts the commonwealth and its creditors on an unpredictable path of negotiation and litigation, if history is a guide.
July 10
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Municipal volume is projected to jump back over $8 billion in the coming week, led by billion-dollar deals from Chicago, Indiana and California.
July 10
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A bipartisan group of nine House members wants a winner-take-all vote on proposed transportation revenue measures.
July 10
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For the 10th week in a row, municipal bond funds reported cash outflows. The weekly reporting funds saw $305.707 million of outflows in the week ended July 8, after experiencing outflows of $1.199 billion in the previous week, according to the latest Lipper data.
July 9
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For the week ended July 9, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased three basis points to 4.45%, from 4.48% the previous week.
July 9 -
Advisors Asset Management has picked up two veteran fixed income traders as part of the expansion of its capital markets group.
July 9
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Senate will take up a highway funding bill next week but revenue source remains contentious.
July 9
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StepStone is the new consultant for the $30 billion Connecticut Retirement Plans and Trust Funds private investment fund, state Treasurer Denise Nappier said.
July 8 -
Months after the original private owner of the publicly owned toll road went bankrupt, the new owner, Australian fund manager fund IFM Investors, is set to complete the financing of its takeover bid next week.
July 8 -
Move America Bonds should be more attractive to many members of Congress than Build America Bonds, Sen. Ron Wyden said.
July 8
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Revenues generated from an overhaul of the corporate tax code could fund highways, Senate report says.
July 8
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An "administrative error" by M&T Bank is blamed for a delinquent debt service payment from Beacon, N.Y., but the mistake did not impact the city's credit rating.
July 7
