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Bond Buyer indexes showed weakening in the week ending Feb. 27.
March 6 -
Detroit in a court filing Thursday said it has reached agreement with Barclays Inc. for a $120 million debtor-in-possession financing.
March 6
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Some muni strategists are saying investors should look to intermediate and longer term bonds to mitigate interest rate risk, as rising prices for short-term bonds begin to outweigh the protection their maturities offer.
March 6 -
Public transit advocates push for $100 billion of federal funding for mass transit over six years in the new surface transportation spending law.
March 6
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The total net assets of weekly reporting tax-exempt money market funds slipped to $268.64 billion after outflows of $683.2 million in the week ended March 3, according to The Money Fund Report, a service of iMoneyNet.com.
March 6
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Detroit Wednesday asked the bankruptcy court to set a March 20 date for a hearing on its latest settlement with its interest-rate swap counterparties, calling it key to the city's overall plan of debt adjustment.
March 6
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President Obama will ask Congress in his fiscal 2015 budget proposal for $2.5 billion in transit grants for 26 projects in 16 states.
March 5
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Democrats and Republicans could find common ground on business tax reform and infrastructure investment, Treasury Secretary Jack Lew said at a Senate Finance Committee hearing Wednesday.
March 5
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A higher cap for federally allocated tax-exempt private activity bonds could make state transportation P3 projects more attractive to investors.
March 5
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President's Obama $3.9 trillion fiscal 2015 budget, released Tuesday, proposed capping the value of the tax exemption for municipal bond interest at 28%, which market participants complain would amount to an unprecedented tax on municipal bonds.
March 4
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President Obama plans during the next two months to send Congress draft legislation for a four-year, $302 billion reauthorization of the surface transportation funding program, Transportation Secretary Anthony Foxx told reporters Tuesday during a briefing on the fiscal 2015 budget.
March 4
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Detroit has reached a new settlement with its interest-rate swap counterparties that could significantly boost its efforts to pursue a cramdown plan of adjustment if necessary.
March 3
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Annual spending on roads and bridges is up to $50 billion short of what is needed to maintain and improve them, U.S. DOT said in report on transportation infrastructure
March 3
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Detroit is treating the bonds issued by the Downtown Development Authority as secured, though the DDA itself is expected to take a 80% haircut on an outstanding loan, Fitch Ratings noted in a comment.
March 3
