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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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The current failure of House and Senate negotiators to find common ground on a short-term fix for the almost-insolvent Highway Trust Fund may not mean the ailing fund won't be patched, transportation experts said Wednesday.
July 9
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The chairman of New York's Metropolitan Transportation Authority got the message he expected in Washington: Congress will not step in should LIRR workers strike.
July 9 -
A new assessment of Detroit's art collection puts its price tag at up to $4.6 billion, significantly higher than the city's first valuation and more in line with bond insurers' estimates.
July 9 -
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The House Ways and Means Committee plans to vote on a bill Thursday that would transfer almost $11 billion to the Highway Trust Fund to keep it solvent through May 31, 2015.
July 8
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New York MTA Chairman Thomas Prendergast plans to visit congressional leaders in Washington after talks with Long Island Rail Road unions settled nothing.
July 8 -
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Congress must quickly fix the impending insolvency of the Highway Trust Fund without waiting for an executive order, President Obama said.
July 7
