Municipal Bond Credit Report: New Jersey tax revenue continues to slide in new fiscal year
Municipal Bond Credit Report: New Jersey’s tax revenues have continued to slide in the new fiscal year, according to recently published figures… Link to Story
Municipal Bond Credit Report: GDPNow Latest estimate: 5.4 percent — October 25, 2023
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is 5.4 percent on October 25, unchanged from…
Municipal Bond Credit Report: Nevada garbage-to-jet-fuel project defaults; Indiana follow-up on hold
Municipal Bond Credit Report: A California-based company’s plan to sell up to $500 million of tax-exempt environmental improvement revenue bonds through the Indiana Finance Authority to build a garbage-to-jet fuels…
Municipal Bond Credit Report: Partners in delayed Georgia nuclear reactors settle financial dispute
Municipal Bond Credit Report: Partners in the development of a pair of nuclear reactors in Georgia have settled a legal dispute that threatened the project’s underlying financing structure… Link to…
Municipal Bond Credit Report: Jerome Powell Signals Fed Will Extend Interest-Rate Pause
Municipal Bond Credit Report: Federal Reserve Chair Jerome Powell suggested the run-up in long-term Treasury yields could allow the central bank to suspend a historic run of interest-rate increases so…
Municipal Bond Credit Report: Home Sales Slide to Lowest Pace Since 2010 as High Rates Squeeze Market
Municipal Bond Credit Report: Home sales fell in September to the lowest rate in 13 years, showing the corner of the economy most weakened by high interest rates remains in…
Municipal Bond Credit Report: Illinois and California have largest unfunded pension liabilities
Municipal Bond Credit Report: California and Illinois are the largest contributors to an expected $1.3 trillion in unfunded pension liabilities for the 50 states in fiscal 2023, according to a…
Municipal Bond Credit Report: Muni Funds That Use Borrowed Money Take a Big Hit
Municipal Bond Credit Report: Some municipal-bond funds are suffering their worst stretch since the 2008-09 financial crisis, an acute example of how two years of rising interest rates have slammed…
Municipal Bond Credit Report: Bankrupt Arizona sports venue attracts no qualified bidders
Municipal Bond Credit Report: A bankrupt Arizona participant sports venue received no qualified bids by last week’s deadline, although other parties are interested in purchasing the venue as the financing…
Municipal Bond Credit Report: Higher education’s struggles in West Virginia underscore national trend
Municipal Bond Credit Report: Universities across the U.S. welcomed students this school year with trimmed budgets and fewer program offerings, changes implemented to stay afloat as enrollment and tuition remain…
