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The nearly 40% year-over-year decrease is a result of various factors including rising interest rates, other financing tools, such as forward delivery bonds, and simply that refundings are in less demand from issuers.
August 31 -
Other post-employment liabilities are more material problems for one in ten state and local governments, according to Moody's Investors Service.
August 27 -
ReThinkNYC, battling entrenched transit and real-estate interests in its call for a unified network, cites economic development gains and capital savings.
August 27 -
While municipals were little changed, broader markets remain focused on Jackson Hole and speculating what will be said about tapering.
August 24 -
The drenching of several regions exposed vulnerabilities that vary by state, and recurring problems that could jeopardize municipal credit.
August 24 -
The transition should not affect state credit, said John Ceffalio, senior research analyst for municipals at CreditSights.
August 24 -
The MTA budgets 16 months for environmental review of the tolling project for Manhattan's central business district.
August 23 -
Issuers sold nearly $60 billion of debt as states, cities and agencies adjusted to the COVID-19 environment and other variables.
August 20 -
The short end of the muni market saw trading of larger blocks at or below benchmarks but yield curves were little changed on a summer Friday.
August 13 -
Kathy Hochul, a 62-year-old Buffalo native, will become the state’s first female governor. The former congresswoman has been lieutenant governor since 2015.
August 11