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As state and local governments make efforts to prepare for climate change, credit analysts are watching closely to see how impacts from weather-related events might affect credit quality.
June 13
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Inflows into all municipal bond funds increased from last week without climbing back to May's levels.
June 12 -
The Bond Buyer's muni bond indexes were mixed in the week ending June 12.
June 12 -
More than 50% of Americans would support an increase in the federal gasoline tax if the revenues are dedicated to highways and mass transit, AAA survey says.
June 12
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The supply shortage in the tax-exempt market in 2014 is making summer reinvestment season especially challenging for cash-laden investors.
June 12
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Rep. Peter DeFazio wants to build highways with a wholesale tax on oil and repeal the federal gasoline tax.
June 11
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Two more foundations have pledged $13 million to Detroit's pensions via the Detroit Institute of Arts in a bid to protect the museum's prized art collection as part of a grand bargain worked out by federal court mediators.
June 11 -
Investment research firm Morningstar said it will no longer provide municipal bond credit analysis or commentary.
June 11 -
Bond insurer Syncora Guarantee said in a court filing that Detroit, as well as federal court mediators and even the bankruptcy judge himself have unfairly singled out the insurer as part of an anti-Wall Street public relations campaign.
June 11
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Detroit officials will meet Thursday with Ambac Assurance Corp. and Blackrock Financial in a court-ordered mediation session to try to reach a settlement after months of failed talks.
June 11 -
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President Obama signed into law Tuesday a $12.3 billion water infrastructure bill that funds 34 port, inland waterway, and flood control projects.
June 10 -
Senate Budget Committee chairman Patty Murray says closing corporate tax loopholes would pay for federal transportation funding needed to avoid a shortfall in the Highway Trust Fund.
June 10 -
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