Author: Geoff Weitzel
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Municipal Bond Credit Report: Table set for Chicago’s next move on planned casino-resort
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago has five proposals to consider in its next step toward developing its first casino that’s eventually expected to produce $200 million in new annual revenue… Link to Story
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Municipal Bond Credit Report: One Prairie State coal plant owner nabs upgrade
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Illinois Municipal Electric Agency won an upgrade from Fitch Ratings due to positive fiscal operating trends that analysts don’t believe will suffer from the power agency’s ownership stake in the Prairie State coal facility that faces new state-imposed clean energy mandates… Link to Story
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Municipal Bond Credit Report: Wages and Prices Are Up, but It Isn’t a Spiral—Yet
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: It’s no longer just prices. Now wages, too, are flashing inflation signals… Link to Story
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Municipal Bond Credit Report: Moody’s warns of ‘systemic risks’ in private credit industry
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The burgeoning private credit industry of lending to buyout groups has grown to about $1tn, but opacity, eroding standards and the difficulty in trading these slices of debt pose “systemic risks”, according to rating agency Moody’s… Link to Story
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Municipal Bond Credit Report: Across the Southeast, employment numbers improved in September
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Most states in the Southeast saw an improving employment picture last month, newly released data show… Link to Story
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Municipal Bond Credit Report: Minneapolis rides dual rating outlook boosts into bond market
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Minneapolis returns to the bond market Wednesday buoyed by a double dose of positive credit news for managing both the fiscal blows of COVID-19 pandemic and civil unrest fallout that followed George Floyd’s May 2020 killing by a city police officer… Link to Story
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Municipal Bond Credit Report: Chicago lands third outlook revision to stable as it preps refinancing
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Fitch Ratings returned Chicago’s outlook to stable after an infusion of $1.9 billion in federal COVID-19 pandemic aid and recovering tax collections eased strains that threatened the city’s investment grade status… Link to Story
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Municipal Bond Credit Report: Fed Prepares to Taper Stimulus Amid More Doubts on Inflation
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Federal Reserve officials are set to wind down their $120 billion-a-month bond-purchase program in November, but questions over how soon inflation pressures will fade are creating more uneasiness inside the central bank… Link to Story
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Municipal Bond Credit Report: Banks’ Debt Sales Are Driving the Corporate Bond Market
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. banks are overrun with cash. So they are loading up on debt. The six largest U.S. lenders have issued some $314 billion of bonds so far this year, already the most for any year since 2008, according to Dealogic… Link to Story
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Municipal Bond Credit Report: U.S. Consumer Confidence Rose as Delta Covid-19 Wave Eased
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. consumer confidence increased in October following three months of declines, as the wave of Covid-19 cases due to the Delta variant started to ease… Link to Story