Municipal Bond Credit Report: Alaska GO rating lowered to AA-minus by S&P Global Ratings
Municipal Bond Credit Report: Alaska had its rating lowered to AA-minus from AA by S&P Global Ratings, which retained a negative outlook… Link to Story
Municipal Bond Credit Report: Los Angeles revenue shortfalls lead to city employee furloughs
Municipal Bond Credit Report: Los Angeles Mayor Eric Garcetti announced plans to furlough thousands of workers in Sunday night’s State of the City speech… Link to Story
Municipal Bond Credit Report: Oil states face shock as market collapses amid economic shutdown
Municipal Bond Credit Report: After the stunning collapse of some oil futures prices into negative territory Monday, energy producing states are struggling to adjust budgets for the coming months and…
Municipal Bond Credit Report: Trump commits to state aid in the next emergency bill
Municipal Bond Credit Report: Infrastructure spending and aid to state and local governments will be part of the next round of coronavirus emergency spending, if President Donald Trump has his…
Municipal Bond Credit Report: CARES Act update may extend loans to public hospital districts
Municipal Bond Credit Report: Pending federal legislation to pump more money into the depleted loan program created to help small businesses weather the economic shock of the coronavirus will give…
Municipal Bond Credit Report: US weekly jobless claims hit 4.4 million, bringing 5-week total to more than 26 million
Municipal Bond Credit Report: Jobless claim filings continued at a historically unprecedented pace last week with 4.4 million new signups for unemployment insurance, bringing the total of the past five…
Municipal Bond Credit Report: Massive layoffs and pay cuts are likely coming to state and local governments as federal aid goes elsewhere
Municipal Bond Credit Report: State and local governments are warning of a wave of layoffs and pay cuts after getting left out of the federal coronavirus relief package expected to…
Municipal Bond Credit Report: McConnell Says He Favors Allowing States to Declare Bankruptcy
Municipal Bond Credit Report: Senate Majority Leader Mitch McConnell said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to…
Municipal Bond Credit Report: Something Impossible Just Happened: A CLO Just Failed Its AAA Overcollateralization Test
Municipal Bond Credit Report: Over the weekend, we reported that in its quest to bailout the richest Americans and the country’s financial system, the Fed unleashed an unprecedented array of…
Municipal Bond Credit Report: Federal funds will help Chicago-area transit fight coronavirus toll
Municipal Bond Credit Report: The Illinois Regional Transportation Authority plans to raise its short-term borrowing to help manage liquidity as the agency awaits federal help that should offset an expected…
