Entering the third year of a pandemic, higher education is expected to gain stability amid a flood of federal aid.
Tax risks continue to linger as they are preserved as a potential offset for whatever level of spending all 50 Democratic senators can agree to, but potential approval of the legislation remains a question mark.
U.S. Treasuries saw losses pushing municipal to UST ratios on the 10- and 30-year lower again.
The Build Back Better in its current form essentially has been killed by Sen. Joe Manchin, likely limiting the potential for tax hikes in the coming year.
The Securities and Exchange Commission has proposed amendments to its money market fund rules, which it has tinkered with repeatedly since the Great Recession.
The port's operating revenue will continue to recover, enabling it to return to a total net revenue debt service coverage ratio of 1.75 times by 2023, the rating agency said.
States could be forced to return stimulus aid if the Treasury Department finds the funds were used to offset tax cuts.
The sale is Babson’s first since 2017. The business-and-entrepreneurial themed private college, which opened in 1919, has about $150 million of outstanding bonds, according to its presentation to Moody’s.
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The sale is Babson’s first since 2017. The business-and-entrepreneurial themed private college, which opened in 1919, has about $150 million of outstanding bonds, according to its presentation to Moody’s.
December 6 -
While the outgoing New York mayor's final plan showed some bright spots, enough remains to test Eric Adams when he takes office.
December 1
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Powell says the FOMC will consider ramping up tapering when more information about Omicron and its impacts are known, further flattening the UST yield curve.
November 30
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Economists appear to be less concerned about Omicron, with some saying that even if the variant causes another pandemic wave, it is more likely to "slow rather than interrupt" the global economic recovery.
November 29
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Municipal yields fell as much as three basis points on Friday as Treasuries soared in a flight-to quality bid as stocks plunged on fears about the emergence of a new COVID variant.
November 26
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COVID-19 stimulus and related infrastructure spending are causing state expenditures to reach a 35-year high, according to NASBO’s 2019-2021 State Expenditure Report.
November 19
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State economies are generally stronger than anticipated in the first half of 2021.
November 16
