Tag: Municipal Bond Credit
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Municipal Bond Credit Report: So it begins — Moody’s downgrades New York City, State
Categories: UncategorizedMunicipal Bond Credit Report: New York City and New York State, their finances reeling from the effects of COVID-19, were downgraded late Thursday by Moody’s Investors Service… Link to Story
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Municipal Bond Credit Report: U.S. economy plunges 31.4% in the second quarter but a big rebound is expected
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that just ended… Link to Story
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Municipal Bond Credit Report: U.S. Home-Price Growth Picks Up Pace Amid Pandemic Buying Rush
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Home-price growth began accelerating in July, a sign that the slow down in home prices caused by the coronavirus pandemic may be reversing… Link to Story
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Municipal Bond Credit Report: Demographics and Debt Hang Over Long-Term U.S. Growth
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: If you’re worried about the short-term economic outlook, I have bad news: the long-term outlook is worse… Link to Story
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Municipal Bond Credit Report: Orders signal more court review of California pensions
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Two recent orders from the California Supreme Court indicate the court isn’t finished reviewing cases challenging the state’s 2013 pension reform law and the California Rule… Link to Story
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Municipal Bond Credit Report: U.S. Home Sales Extended Powerful Rebound Into August
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Home sales rose in August for the third consecutive month, fueled by robust demand for luxury homes and a pickup in Northeast sales that kept the housing market hot… Link to Story
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Municipal Bond Credit Report: More than 27% of Homebuyers Are Searching Out of Town, with Phoenix, Sacramento and Las Vegas the Most Popular Destinations
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The coronavirus pandemic is causing homebuyers to rethink what they want in a home, with more people relocating to places where they can afford more outdoor space and room for home offices.. Link to Story
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Municipal Bond Credit Report: Illinois gets S&P warning on coronavirus-driven perils to its rating
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Threats to Illinois’ investment grade rating are intensifying as prospects for a new round of federal relief in the near future dims and structural budget woes mount, S&P Global warned in a bulletin published Monday… Link to Story
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Municipal Bond Credit Report: St. Louis-based Mercy Health takes rating hits ahead of new money deal
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: St. Louis-based Mercy Health system took two rating hits over its rising debt levels and strained balance sheet metrics as it readies a $354 million borrowing and looks ahead to a post-COVID-19 recovery after taking actions to tighten its belt… Link to Story
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Municipal Bond Credit Report: Milwaukee’s budget and rating reckoning arrives
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Milwaukee’s proposed $1.5 billion 2021 budget trims police ranks and raises some taxes and fees to address mounting budget pressures that were underscored by a two-notch downgrade from S&P Global Ratings… Link to Story