Municipal Bond Credit Report: The threats posed by the COVID-19 pandemic to Chicago Transit Authority and Regional Transportation Authority of Illinois revenues led Moody’s Investor Service to revise both agencies’…

Municipal Bond Credit Report: U.S. consumer prices in April posted their largest monthly decline since the last recession after energy prices collapsed and efforts to contain the new coronavirus disrupted…

Municipal Bond Credit Report: The Federal Reserve Bank of New York said Monday that starting Tuesday one of its emergency market support facilities will begin buying corporate-bond exchange-traded funds, in…

Municipal Bond Credit Report: Federal Reserve Bank of Philadelphia President Patrick Harker said the U.S. economy’s eventual recovery from the Covid-19 pandemic is likely to be uneven, which could cause…

Municipal Bond Credit Report: Some investors recently contemplated negative U.S. Treasury rates and the three-month Treasury yield was negative for a few days, and although Federal Reserve officials have said…

Municipal Bond Credit Report: The Federal Reserve will charge issuers a premium — a baseline 150 basis points for triple-A issuers to 590 basis points for below investment-grade-rated issuers —…

Municipal Bond Credit Report: Treasury Secretary Steven Mnuchin acknowledged Sunday that the U.S. unemployment rate may have already reached 25% as the administration works to reopen the economy amid the…

Municipal Bond Credit Report: News stories often describe the coronavirus-induced global economic downturn as the worst since the Great Depression… Link to Story

Municipal Bond Credit Report: Until recently, many policy makers and corporate executives were hoping for a V-shaped economic recovery from the coronavirus pandemic: a short, sharp collapse followed by a…

Municipal Bond Credit Report: Federal Reserve officials are unlikely to consider using negative interest rates to stimulate economic growth in the current coronavirus-induced downturn after concluding the tool’s clear costs…