Municipal Bond Credit Report: The May U.S. jobless rate fell to 13.3% and employers added 2.5 million jobs, early signs the labor market is mending after the coronavirus pandemic shut…

Municipal Bond Credit Report: The Federal Reserve is expanding the number and types of local governments eligible to use its short-term muni note program… Link to Story

Municipal Bond Credit Report: The Federal Reserve’s first short-term note deal with the state of Illinois is a good start to the federal program that could jump-start its use with…

Municipal Bond Credit Report: The hard-hit senior living retirement sector continues to suffer from higher-than-anticipated expenses due to the novel coronavirus, pushing some facilities struggling before the pandemic into default……

Municipal Bond Credit Report: The Port Authority of New York and New Jersey is exploring all available financing options, including the Federal Reserve’s newly launched bonding initiative to offset steep…

Municipal Bond Credit Report: The U.S. trade deficit widened in April as imports and exports both dropped sharply amid coronavirus-related shutdowns around the world… Link to Story

Municipal Bond Credit Report: The number of workers receiving unemployment benefits increased slightly to 21.5 million at the end of May, reflecting continued coronavirus fallout… Link to Story

Municipal Bond Credit Report: The coronavirus pandemic caused unemployment to rise in every metropolitan area in the U.S. in April, the first full month of widespread stay-at-home orders and business…

Municipal Bond Credit Report: Illinois will borrow $1.2 billion of one-year, general obligation backed notes through the Federal Reserve’s Municipal Liquidity Facility, Gov. J.B. Pritzker’s administration announced Tuesday… Link to…

Municipal Bond Credit Report: Moody’s Investors Service revised the outlook on Nevada’s Aa1 rating to negative from stable Tuesday, citing the impact of the coronavirus crisis… Link to Story