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Chances for swift passage of a billion bailout of the highway fund rise with Obama's support of the House's temporary fix.
July 15
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Janney Capital Markets is concerned that Standard & Poor's ratings for some local governments may be too high and out of step with current credit conditions.
July 14 -
An economic study that stresses the value of investments in transportation is part of a weeklong effort by President Obama to get a long-term highway funding bill.
July 14
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Detroit's newest bondholder settlement calls for a 66% haircut for limited-tax general obligation bondholders, a deal that's severe but unsurprising given Detroit's credit, muni experts said.
July 14
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New-issue volume is expected to nearly double this week as a unique $1.4 billion California transportation financing leads off the activity in the primary market following last week's holiday-shortened calendar of deals.
July 13
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The Army Corps of Engineers is developing policies and procedures for a pilot program of partnering with private sector investors on waterway and port projects, a top Corps official told a House subcommittee.
July 11
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Syncora lost a key appeal in the Detroit bankruptcy case, giving the city continued access to crucial casino revenues.
July 11 -
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Municipal bond funds reported outflows for the first time in 10 weeks.
July 10 -
House and Senate tax-writing committees approved similar but not identical 10-month, $10.8 billion bailouts of the almost-depleted Highway Trust Fund, with each chairman contending his panel's bill is the most bipartisan measure.
July 10
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The Bond Buyer's muni bond indexes weakened the week ending July 10.
July 10 -
The second half of 2014 promises more positive returns for municipal bonds even as investors react to declining credit quality in Puerto Rico, according to midyear analyst reports.
July 10
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Tax-exempt money market funds raked in $6.22 billion, the biggest weekly inflow in five years, as total net assets rose to $258.75 billion in the week ended July 7, according to The Money Fund Report, a service of iMoneyNet.com.
July 10
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Detroit's settlement with its limited-tax general obligation bondholders would repay them 34 cents on the dollar, the lowest recovery rate reached in a deal so far in the case.
July 10 -
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