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The Bond Buyer's muni bond indexes were mixed in the week ending July 31.
July 31 -
The House rejected the Senate's amendments to its $10.8 billion, 10-month bailout of the Highway Trust Fund on Thursday afternoon and sent its original bill back to the Senate.
July 31
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Moody's Investors Service on Wednesday released proposed changes in its rating methodology for 1,100 municipal utilities that it said would only result in rating changes, split between upgrades and downgrades, for less than 10% of them.
July 30 -
A year after Detroit filed for bankruptcy, the city's decision to put pensioners above bondholders has created an uncertain recovery environment for the entire muni sector, according to Standard & Poor's.
July 30 -
The House and Senate seem to be playing a political game of chicken with the Highway Trust Fund, sending differing bills to extend its solvency back and forth just two days before federal officials have threatened to begin cutting back on federal transportation reimbursements to states if there is an impasse
July 30 -
If the Puerto Rico Electric Power Authority were to fail to make loan payments to Citibank due on July 31, the consequences might spread beyond Puerto Rico bonds. Bad news on PREPA could also trigger a selloff of tobacco bonds, analysts speculated.
July 30
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Maryland asks four consortiums for proposals to build and finance $2.4 billion Purple Line commuter rail project.
July 30
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The federal judge overseeing Detroit's bankruptcy has delayed by one week the key trial in the case, while the city dropped its proposal to hire a post-bankruptcy monitor and FGIC dropped its subpoena of Gov. Rick Snyder
July 30 -
The Senate adopted legislation that would provide a five-month, $8 billion bailout of the Highway Trust Fund that extends the fund's solvency through mid-December.
July 30
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The 6th circuit appeals court will hear oral arguments Wednesday on Syncora's appeal of a key decision in the Detroit bankruptcy, one of the insurer's five pending appeals in the case.
July 29 -
Analysts are conflicted over how investors should protect their 2014 returns and mitigate their interest rate risk for the rest of the year.
July 29
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Highway construction project awards slacken in 2014 as states gird for possible delays, cuts in federal transportation spending.
July 29
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Detroit emergency manager Kevyn Orr Tuesday issued an order that gives the city's mayor control of the Detroit Water and Sewerage Department.
July 29
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