Public finance

Municipal bond yields are so far capping an interesting year with a fine run to the holiday season.

After tax-exempt money market funds last week experienced their largest weekly inflows year to date, seeing a one-week increase of 1.9%, assets this week fell by $157.4 million and settled at $289.78 billion for the week ended Dec. 12, according to the Money Fund Report, a service of iMoneyNet.com.

CALIFORNIA

ARKANSAS

A year ago, Fitch Ratings had a negative outlook on states, but now it has a stable outlook for the coming year.

Table as of: 12/13/2011 16:08 PM Invisible Supply Issuer and purpose Amount

ILLINOIS

ARIZONA

After 16 years as a municipal research analyst on the buy side of the market, Tom Weyl, vice president and director of research at Eaton Vance Management in Boston, will start the new year off with a new career on the sell side.

CALIFORNIA

ILLINOIS

Bond buyers place more weight on Moody's Investors Service ratings than on Standard & Poor's ratings, according to a recent Loop Capital Markets study.

Table as of: 12/09/2011 14:52 PM Invisible Supply Issuer and purpose Amount

INDIANA

ALABAMA

With trading active on much of bankrupt American Airlines' $3.2 billion of special facilities revenue bonds, some market participants are sounding a cautionary tone in assessing their value, as bargain hunters eye the airline's discounted bonds secured by collateral.

A Puerto Rico infrastructure financing and a Detroit water revenue sale will lead the activity in the primary market this week as volume is expected to dip slightly from last week.

Table as of: 12/08/2011 14:17 PM Invisible Supply Issuer and purpose Amount

IDAHO

ALABAMA