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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 4.42% for the week ended June 4 from 4.43% in the previous week.
June 4 -
For the fifth straight week, municipal bond funds reported outflows, bringing to eight out of 23 weeks this year the funds have suffered cash withdrawals, according to the latest Lipper data.
June 4 -
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Helped by a stronger revenue backing, Chicagos remarketing of $112 million of sales tax-backed fared notably better Wednesday than its general obligation issue a week earlier, though spreads demonstrated a substantial market penalty.
June 3
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The continuing series of short-term road funding fixes is harming small businesses, owners and advocates say.
June 3
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With more than one-third of New York's bridges listed in need of repair, U.S. Sen. Kirsten Gillibrand,D-N.Y., is proposing a bill that would allow states the authority to use more federal funds for local bridge improvement projects.
June 3
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As Mayor of Corning, N.Y., Tom Reed saw how capital could be raised for road, water and sewer improvements through the issuance of tax-exempt bonds.
June 3
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Moody's says that hospitals in Medicaid expansion states saw big drops in bad debt and that furthermore, providers across the entire sector saw improved financials in fiscal 2014.
June 3
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President Obama threatens to veto a House committee's fiscal 2016 transportation appropriations bill over low funding levels.
June 2
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Fitch says states will delay transportation projects due to uncertainty over the most recent short-term extension of the federal HTF.
June 1
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A long-term transportation bill offered by the Senate Finance Committee would be likely to include some new type of private-activity bond, a Government Finance Officers Association official said here.
June 1
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