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Muni investors will have to save their appetites for the Thanksgiving Day feast, as volume in the primary market will be unusually thin in the holiday shortened week.
November 24
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Richard Ciccarone a prominent voice for buyside municipal research will retire from his post as chief research officer at McDonnell Investment Management LLC to devote more time to expand his Merritt Research database and -he hopes to carve out more leisure time in his day.
November 22
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Municipal bond mutual funds recorded outflows for the 26th straight week, at $770 million, numbers from Lipper FMI showed.
November 21 -
The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased three basis points this week, to 5.08% for the week ending Nov. 21, 2013, but it remains above its 5.07% average from two weeks ago.
November 21
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A municipal restructuring executive who played a key role in DC's oversight board in the 1990s is Detroit's new CFO.
November 21
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A coalition of local leaders is asking Congress to generate an additional $30 billion a year for transportation efforts by almost doubling the federal gasoline tax.
November 21
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The total net assets of tax-exempt money market funds continued to see-saw as they inched up by $561.5 million to $263.82 billion in the week ended Nov. 18, according to The Money Fund Report, a service of iMoneyNet.com.
November 21 -
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Standard & Poor's upgraded the rating on California's economic recovery bonds to AA from A-plus, with a stable outlook.
November 20 -
Detroit should drop its plan to unwind its costly interest-rate swaps and instead argue the transactions be declared illegal, a former municipal investment banker Wallace Turbeville said in a report released.
November 20 -
House and Senate conferees predicted Wednesday that Congress will approve an $8 billion federal water infrastructure bill by year's end.
November 20 -
Long-term muni funds are having their worst year since 2008, as rising interest rates and headlines about Detroit's bankruptcy filing and Puerto Rico's fiscal problems fueled outflows of investor money.
November 20
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Counties are facing a "triple threat" of tax reform, entitlement reform and sequestration, National Association of Counties Executive Director Matthew Chase said at a briefing on Capitol Hill Tuesday.
November 19 -
The federal government will swap obsolete office buildings in Washington for more modern facilities through P3 arrangements.
November 19
