Tag: Municipal Bond Credit Report
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Municipal Bond Credit Report: Hiring Surge Sends Bond Yields Even Higher
Categories: Municipal Bond Credit ReportMunicipal 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 rates to new 16-year highs… Link to Story
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Municipal Bond Credit Report: Owners of defaulted Arizona sports venue debt may have additional claims
Categories: Municipal Bond Credit ReportMunicipal 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 bankruptcy in May, according to a disclosure notice… Link to Story
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Municipal Bond Credit Report: Underlying Prices Cooled in August, Giving the Fed More Evidence of Softer Inflation
Categories: Municipal Bond Credit ReportMunicipal 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 strengthen the case for the Federal Reserve to stop raising interest rates… Link to Story
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Municipal Bond Credit Report: GDPNow- Federal Reserve Bank of Atlanta
Categories: Municipal Bond Credit ReportMunicipal 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 September 19 after rounding.. Link to Story
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Municipal Bond Credit Report: Autoworkers strike exposes Michigan’s continued reliance on gas-powered vehicles
Categories: Municipal Bond Credit ReportMunicipal 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 released this week by Moody’s Investors Service says… Link to Story
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Municipal Bond Credit Report: Florida jobless rate remains at 2.7%
Categories: Municipal Bond Credit ReportMunicipal 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
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Municipal Bond Credit Report: Fed Holds Rates Steady but Pencils In One More Hike This Year
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Federal Reserve officials voted to hold interest rates steady at a 22-year high and revealed a divide over whether they should raise them once more this year, with most leaning toward another increase… Link to Story
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Municipal Bond Credit Report: Job Gains Eased in Summer Months; Unemployment Increased in August
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Hiring slowed this summer and unemployment rose in August, signs the labor market is cooling in the face of high interest rates… Link to Story
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Municipal Bond Credit Report: Feds, worldwide aid helping Maui recover, Hawaii governor says
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Hawaii will allocate $100 million to help families affected by the Maui fires and create a loan program to prevent Lahaina businesses destroyed by the fires from going bankrupt, Gov. Josh Green announced Friday… Link to Story
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Municipal Bond Credit Report: Budget boom times wane for Southwest states
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Fiscal 2023 ended with higher revenue for most Southwest states, but shrinking growth rates indicate their coffers won’t continue to overflow as federal stimulus subsides and tax cuts erode collections… Link to Story