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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, increased four basis points to 4.31% from 4.27% for the week ended March 5.
March 12 -
Detroit emerged from the largest municipal bankruptcy in the U.S. with stronger credit fundamentals but the city heads into the future facing major economic challenges, Moody's says in a new report.
March 12
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A higher federal gasoline tax offset by an income tax rebate could unsnarl the revenue gridlock in Congress blocking a multiyear highway bill, ARTBA says.
March 12
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Dorothy Thomas at Regions Investment Management is keeping duration short, with low exposure to the long end of the curve, a focus on high-quality securities, and building cash flow.
March 12
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Given the magnitude and condition of U.S. infrastructure and the Federal push to "level the playing field" by expanding the availability of tax-exempt finance for public-private partnership procurements, the U.S. is poised to become a very active and substantial P3 market.
March 12
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Road builders association says it has a plan to untangle the congressional gridlock on federal transportation funding.
March 11
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Increasing the federal gasoline tax by 10 cents per gallon to generate enough revenue to fully fund a multiyear federal transportation bill could, in turn, be offset by a 2% drop in the top margin income tax rate, the nonpartisan Tax Foundation said in a recent report.
March 10
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Florida Gulf Coast University's credit outlook stabilized Monday when two rating agencies found that recent modifications to the terms of a direct bank loan lessened the institution's contingent risk.
March 10 -
The Metropolitan St. Louis Sewer District would like to ask voters next year to support $919 million in new borrowing for wastewater projects and to revamp its stormwater fee structure.
March 10
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Kroll Bond Rating Agency assigned its AA-plus rating to New York state general obligation bonds in its first ever rating of the Empire State.
March 10 -
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Small colleges are having a hard time but college mergers may help out, according to Moody's Investors Service.
March 9 -
Pressure from constituents may be best hope for quick congressional approval of a long-term federal transportation bill, industry advocates say.
March 9
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States seeking to boost their transportation funding are finding gasoline tax increases as the most effective path to progress.
March 9
