Municipal Bond Credit Report: More High-Yield Muni Borrowers Are Defaulting but Investors Still Want In
Municipal Bond Credit Report: Covid-19 is wreaking havoc on the market for risky municipal bonds. Investors desperate for tax-exempt yield are still piling in… Link to Story
Municipal Bond Credit Report: Sale or debt restructuring eyed by bankrupt Michigan retirement village
Municipal Bond Credit Report: The fate of $52 million of municipal debt is at stake as the Henry Ford Village, Inc. continuing care retirement community in Dearborn, Michigan, makes its…
Municipal Bond Credit Report: Cuts to Boston-area transit are short-sighted, advocates say
Municipal Bond Credit Report: The Massachusetts Bay Transportation Authority’s proposed steep service cuts to help balance an operating budget ravaged by COVID-19 have prompted transit advocates and elected officials to…
Municipal Bond Credit Report: U.S. Job Openings Are Rising Closer to Pre-Coronavirus Levels
Municipal Bond Credit Report: The number of job openings in the U.S. has climbed since the spring and is now nearly back to the levels before the coronavirus pandemic hit…
Municipal Bond Credit Report: Public finance sector optimistic about Biden presidency
Municipal Bond Credit Report: Public finance sector officials are optimistic a Joe Biden presidency will mean strong financial support for state and local governments as well as robust infrastructure legislation……
Municipal Bond Credit Report: New Jersey downgraded ahead of $4.3B sale on structural deficit woes
Municipal Bond Credit Report: S&P Global Ratings downgraded New Jersey’s general obligation bonds to BBB-plus from A-minus Friday afternoon based on steep revenue losses triggered by the coronavirus… Link to…
Municipal Bond Credit Report: Bond trustee negotiates deal with bankrupt New Orleans archdiocese
Municipal Bond Credit Report: The trustee for bonds issued on behalf of the bankrupt Roman Catholic Church of the Archdiocese of New Orleans negotiated a settlement that allows bondholders to…
Municipal Bond Credit Report: Voters delivered good news to two of California’s large school districts
Municipal Bond Credit Report: Moody’s Investors Service found credit positives in the voter approval of measures to help finance two of California’s large school districts… Link to Story
Municipal Bond Credit Report: Drop in Jobless Rate Shows Healing U.S. Labor Market
Municipal Bond Credit Report: The U.S. labor market continued to rebound last month, as employers added 638,000 jobs and sent unemployment down sharply amid signs the economy is healing from…
Municipal Bond Credit Report: Job growth stronger than expected in October, unemployment rate slides to 6.9%
Municipal Bond Credit Report: Employment growth was better than expected in October and the unemployment rate fell sharply even as the U.S. faces the challenge of surging coronavirus cases and…
