Municipal Bond Credit Report: Senate Majority Leader Mitch McConnell’s suggestion last week that he’d rather let states go bankrupt than see Congress rescue their coronavirus-decimated budgets raises the question: What…
Municipal Bond Credit Report: New Zealand imposed one of the strictest lockdowns in the world, aiming to stamp out the new coronavirus. Australia took a different approach, adopting social-distancing restrictions…
Municipal Bond Credit Report: Treasury Secretary Steven Mnuchin said states that had poorly managed budgets before the Covid-19 outbreak sent their economies reeling should not be rescued by the federal…
Municipal Bond Credit Report: The number of coronavirus-related unscheduled draws on reserves doubled over the last week, the Municipal Securities Rulemaking Board reported… Link to Story
Municipal Bond Credit Report: Illinois will offer more than $2 billion of cash flow notes and bonds in May, state budget officials said Tuesday… Link to Story
Municipal Bond Credit Report: Gross domestic product fell 4.8% in the first quarter, according to government numbers released Wednesday that provide the first detailed glimpse into the deep damage the…
Municipal Bond Credit Report: The economic earthquake the coronavirus has unleashed is likely to trigger a wave of corporate distress and bankruptcy unseen in years… Link to Story
Municipal Bond Credit Report: The Federal Reserve said Monday it would broaden the number of local governments from which it will buy debt through a forthcoming lending program… Link to…
Municipal Bond Credit Report: Manufacturing activity in Texas continued to take hits from the effects of efforts to contain the COVID-19 pandemic, the April survey from the Federal Reserve Bank…
Municipal Bond Credit Report: The U.S. public power sector remains stable due to its relative resilience through the coronavirus outbreak and resulting economic downturn, according to Moody’s Investors Service analysts……
Municipal Bond Credit Report: Las Vegas Mayor Carolyn Goodman has made headlines for Darwinistic statements about re-opening the strip, but the tourism-dependent state has real reason to worry… Link to…
Municipal Bond Credit Report: New Jersey’s financial future, already fragile before the COVID-19 pandemic, is now at a potential breaking point… Link to Story
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