Municipal Bond Credit Report: Elevated Bond Yields Approach Key Milestone
Municipal Bond Credit Report: Friday’s blockbuster jobs report has pushed the yield on the 10-year U.S. Treasury note within reach of 2%, marking a major step in the financial markets’…
Municipal Bond Credit Report: Moody’s raises New Jersey Turnpike Authority’s senior lien revenue bonds
Municipal Bond Credit Report: Moody’s Investors Service said Wednesday it raised the New Jersey Turnpike Authority’s senior lien revenue bonds to A1 from A2. The outlook on the bonds is…
Municipal Bond Credit Report: Actuary puts price tag on Chicago firefighters’ pension enhancement
Municipal Bond Credit Report: A state-approved pension enhancement for some Chicago firefighters adds $180 million to the fund’s existing $5.29 billion of unfunded liabilities and $16 million to $17 million…
Municipal Bond Credit Report: U.S. Consumer Spending Fell 0.6% in December Amid Inflation, Omicron
Municipal Bond Credit Report: Rising inflation and the spread of the Omicron variant dented household spending, a key engine of economic growth, headed into 2022… Link to Story
Municipal Bond Credit Report: How the Fed’s Policy Shift Is Rippling Through the Housing Market
Municipal Bond Credit Report: The Federal Reserve’s decision to end its era of easy money is rippling through the mortgage market, driving up the cost of buying a home. ..…
Municipal Bond Credit Report: University of Michigan to tap reserves and insurance to cover settlement of sex abuse claims
Municipal Bond Credit Report: The University of Michigan’s healthy balance sheet puts it in a strong fiscal position to manage the cost of a $490 million legal settlement for abuse…
Municipal Bond Credit Report: Ill. ponders pension buyout extension funded with $1B of borrowing
Municipal Bond Credit Report: Illinois would extend two pension buyout programs by two years funded by $1 billion in additional borrowing authority under legislation being advanced during the current session……
Municipal Bond Credit Report: California drought still pressures water ratings despite snowfall
Municipal Bond Credit Report: This winter’s epic snowfall in California’s mountains has been a bonanza for skiers, but it doesn’t mean the state can call an end to an even…
Municipal Bond Credit Report: U.S. Jobless Claims Rose to 286,000 Last Week
Municipal Bond Credit Report: Filings for jobless claims increased at the start of the year as businesses contended with Omicron-related disruptions and adjusted workforces following the holiday hiring season… Link…
Municipal Bond Credit Report: States Are Swimming in Cash Thanks to Booming Tax Revenue and Federal Aid
Municipal Bond Credit Report: Numerous states are proposing tax rebates and bonuses for public workers as the fiscal doldrums of early 2021 give way to fat times fueled by booming…
