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Municipal mutual funds reported inflows increased to $943.23 million in the week ended May 8 from $26.38 million of outflows the week before.
May 8 -
The Senate Environment and Public Works Committee will vote on a surface transportation reauthorization bill on May 15, committee leaders announced Thursday.
May 8
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Michigan would create a board to oversee Detroit for up to 20 years and contribute $195 million to the troubled city's pensions in a series of bills expected to be unveiled late Thursday.
May 8
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After three weeks of heavy outflows, tax-exempt money market funds gained a modest $1.29 billion in the week ended May 5, as total net assets rose to $258.91 billion, according to The Money Fund Report, a service of iMoneyNet.com.
May 8
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Transportation finance experts expect robust bond financing of new transportation and infrastructure projects in the near future, even though federal policy is making those investments increasingly tricky.
May 7 -
Sen. Barbara Boxer, D-Calif., has announced that she will introduce a multiyear transportation reauthorization bill on Thursday.
May 7 -
McGraw Hill Financial's S&P Capital IQ has partnered with Tradeweb Direct to launch Odd-Lot Valuations, a pricing service that joins a growing number of efforts aimed at improving transparency in odd-lot bond trades.
May 7
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Michigan lawmakers Tuesday created a special committee to deal with Detroit's bankruptcy and recovery ahead of legislation outlining a state contribution that could be unveiled as soon as Thursday.
May 6
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Muni pros are adding yield and diversification to their portfolios, taking advantage of historically-attractive returns in the high yield sector that continue to be available amid growing concerns over rising interest rates and anemic supply.
May 6
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Sen. Barbara Boxer said the Senate Environment and Public Works Committee will begin work next week on a transportation bill that keeps spending at current levels plus inflation.
May 6 -
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Large public funds tracked by the Wilshire Trust Universe Comparison Service outperformed small ones in the first quarter of 2014.
May 5 -
Bankrupt Detroit Monday filed a new plan to adjust its debt that reflects recent settlement with key creditors, though deals with some bondholders remain elusive.
May 5 -
Former U.S. Representative James Oberstar died at age 79 Saturday, silencing one of Washington's most outspoken advocates of increased transportation and infrastructure investment.
May 5 -
The gas tax would need to be raised to 31 cents from the current 18.3 cents per gallon in 2015 and increased thereafter in order for the Highway Trust Fund to keep up with projected transportation funding needs, without new revenue sources, Fitch Ratings said in a report released Monday.
May 5
