-
Gov. J.B. Pritzker is still mulling action on legislation Mayor Lori Lightfoot says will add to the city's considerable fiscal burdens.
February 22
-
Mainstreaming some emergency measures would provide the Department of Design and Construction more contracting flexibility, said first deputy commissioner Jamie Torres-Springer.
February 22
-
Muni yields rose another five basis points on the 10- and 30-year, bringing the total cuts to scales to 18 and 17 basis points, respectively, from Tuesday as the asset class moved closer to UST movements after lagging that market since the start of the year.
February 19
-
Lawmakers will vote next week on a relief package agreed to by the governor and legislative leadership.
February 19
-
Seven measures totaling $400 million will go before voters in a state whose gubernatorial transition is on hold.
February 19 -
Muni yields have climbed double-digit basis points in a week but technicals remain strong. Refinitiv Lipper reports $1.96 billion of inflows into municipal bond mutual funds.
February 18
-
Net revenues in the first six months were $5.19 billion. Without postponed income tax revenues from the prior fiscal year, this figure would have been $4.711 billion.
February 18
-
The city, struggling amid a pandemic-induced deficit, received a negative outlook from Kroll Bond Rating Agency ahead of the deal.
February 18
-
The municipal secondary gave way to higher-yields and triple-A benchmarks rose two to five basis points. U.S. Treasuries pared back Tuesday's losses, even on the heels of better economic data.
February 17
-
The consequences of not passing infrastructure legislation in the next few months may be dire.
February 17
-
Puerto Rico private sector employment had an even more serious contraction in 2020 on the island than it did in the United States as a whole.
February 17
-
The Federal Transit Administration rescinded a Trump administration policy that refused to count as a local cost-share the payments by New York and New Jersey on a proposed federal loan.
February 17
-
"We need to make realistic assumptions regarding our ability to achieve expected returns in the future," said North Carolina State Treasurer Dale Folwell.
February 17
-
With the U.S. Treasury sell off, municipal to UST ratios fell below 55% in 10-years.
February 16
-
The judges should rule soon on insurer suits seeking monetary compensation against major bond underwriters.
February 16
-
Howard Cure of Evercore and Maria Doulis, formerly of the Citizens Budget Commission, explore New York City's fiscal variables amid the pandemic. Paul Burton hosts. (30 minutes). Recorded Jan. 26.
February 16
-
The COVID-19 pandemic threw the economy into disarray, creating uncertainty in so many areas, and economists still don’t agree on the future of inflation. But they agree the Fed will need to adjust when the economy starts to improve.
February 12
-
Uncertainties include state and federal aid levels, the effects of vaccine distribution and the MTA's finances.
February 12
-
If voters grant $500 million in new bond authority, the agency can hold down rate increases to fund mandatory projects.
February 11
-
While most observers expect inflation to grow as the economy heals, the latest CPI numbers suggest that it hasn't yet arrived.
February 10
