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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, was unchanged from the previous week at 4.12%, for the week ended Feb. 5.
February 5 -
The newly elected head of Wayne County Michigan, home to Detroit, warned Thursday that the county is on track to run out of cash by August 2016, calling it financial Armageddon.
February 5
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Airport management's flexibility and experience are key factors in rating a facility's general revenue bonds, Kroll says.
February 5 -
Treasury Secretary Jack Lew said he hopes Congress and the Obama administration can work in a bipartisan way to authorize qualified public infrastructure bonds or another type of bond program.
February 5
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An Oregon Democratic congressman wants to raise the federal gas tax to generate $210 billion of new revenue for roads, bridges, and transit.
February 5
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Transit projects in 13 states in line for $3.2 billion of federal grants in President Obama's proposed budget for fiscal 2016.
February 4
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Yield-hungry investors should be wary of indulging in triple-B bonds in the current municipal market when looking for extra yield as they are fully valued relative to high-quality bonds, according to Dorian Jamison, municipal analyst at Wells Fargo Advisors.
February 4 -
The Internal Revenue Service is seeking applications from issuers for unused volume cap of new clean renewable energy bonds.
February 4
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Senate public works panel will continue development of multiyear transportation bill without proposed tax on corporate overseas profits.
February 3
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President Obama's fiscal 2016 budget includes several bond proposals that were also in the budget he released last year.
February 2 -
President Obama's fiscal 2016 budget, unveiled Monday, includes several new bond proposals and a number of bond-related proposals that have been in past budgets.
February 2
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