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"Detroit's a much better credit than it was two years ago," its former emergency manager, Kevyn Orr, told a municipal bond market group.
July 29
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S&P Dow Jones Indices on Wednesday launched two new indexes that will break out and track tax-exempt and taxable revenue bonds in existing S&P DJI indexes.
July 29 -
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House plans to leave for a long recess Wednesday after voting on a 90-day extension of federal highway funding.
July 28
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As fund flows turned positive for the first time in 12 weeks, analysts said the impact of Puerto Rico and Chicago on investor behavior may have been overstated, and that fund flows reflect only a corner of the municipal bond market.
July 28
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Revenue offsets in the Senate's six-year transportation funding bill are $1 billion short of proposed general fund transfers.
July 27
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Senate leaders hope to vote on a $300 billion transportation bill by mid-week as funding cutoff looms.
July 24
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Municipal volume is forecast to slip from what may turn out to be the peak of weekly issuance for the rest of the year.
July 24
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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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