Public finance

Municipals delivered solid performance overall thanks to the strength of the long duration and high-yield segments.

COLORADO

ARIZONA

Standard & Poor's gave an investment-grade A-minus rating to a series of bonds Detroit recently sold as part of its exit from bankruptcy.

Increasing interest in public-private transportation partnerships due to constraints from $3.6 trillion of state and local outstanding debt, Brookings Institution said.

ILLINOIS

ALABAMA

Deals for the coming holiday-shortened week are looking scarce, after a sell-off toward the end of last week. Traders said some issuers may have thrown in the towel until the New Year after interest rates spiked on Thursday.

INDIANA

ALABAMA

One week after its emergency from Chapter 9 bankruptcy, Moody's Investors Service has assigned Detroit an issuer credit rating that's deep in junk bond territory at the B3 level.

For the week ended Dec. 18, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was lower four basis points from the previous week at 4.28%.

Revenue and demand pressure on not-for-profit healthcare providers as they navigate federal healthcare reform will weigh down the sector for another year, Standard & Poor's said.

ILLINOIS

ALABAMA

As state and local governments struggled in the recession, debt grew faster than both revenues and expenditures, climbing 22% from $2.4 trillion in 2007 to $2.9 trillion in 2012.

Private investors will begin collecting tolls soon on new interstate express lanes in Virginia built and operated under a P3 agreement through 2087.

CONNECTICUT

ALABAMA

Spending on fuel for cars and trucks in 2015 is expected to reach the lowest level in 11 years due to falling pump prices and more efficient engines, according to the Energy Information Administration.