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…
Municipal Bond Credit Report: Hiring Surge Sends Bond Yields Even Higher
Municipal Bond Credit Report: Surging U.S. job growth shattered investors’ expectations in the latest sign of accelerating economic momentum, stoking a brisk bond market selloff that is sending longer-term borrowing…
Municipal Bond Credit Report: Owners of defaulted Arizona sports venue debt may have additional claims
Municipal Bond Credit Report: Bondholders may have actionable claims related to the sale of now-defaulted debt that financed an Arizona participant sports venue for Legacy Cares Inc., which filed for…
Municipal Bond Credit Report: Underlying Prices Cooled in August, Giving the Fed More Evidence of Softer Inflation
Municipal Bond Credit Report: Underlying inflation cooled notably this summer, with the latest report notching a third consecutive month of slower price pressures. If that continues this fall, it would…
Municipal Bond Credit Report: GDPNow- Federal Reserve Bank of Atlanta
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is 4.9 percent on September 27, unchanged from…
Municipal Bond Credit Report: Autoworkers strike exposes Michigan’s continued reliance on gas-powered vehicles
Municipal Bond Credit Report: The United Auto Workers’ strike against three big U.S. automakers, even if successful, won’t do much to reduce Michigan’s reliance on traditional gasoline-powered vehicles, a report…
Municipal Bond Credit Report: Florida jobless rate remains at 2.7%
Municipal Bond Credit Report: Florida’s unemployment rate remained at 2.7% last month, unchanged from July’s rate and August 2022’s level, the Florida Department of Commerce reported Friday… Link to Story
