Tag: Municipal Bond Credit
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Municipal Bond Credit Report: How the Fed’s Policy Shift Is Rippling Through the Housing Market
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve’s decision to end its era of easy money is rippling through the mortgage market, driving up the cost of buying a home. .. Link to Story
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Municipal Bond Credit Report: University of Michigan to tap reserves and insurance to cover settlement of sex abuse claims
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The University of Michigan’s healthy balance sheet puts it in a strong fiscal position to manage the cost of a $490 million legal settlement for abuse allegations against a former sports doctor, but it’s too early to assess whether its top ratings will escape future fallout… Link to Story
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Municipal Bond Credit Report: Ill. ponders pension buyout extension funded with $1B of borrowing
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois would extend two pension buyout programs by two years funded by $1 billion in additional borrowing authority under legislation being advanced during the current session… Link to Story
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Municipal Bond Credit Report: California drought still pressures water ratings despite snowfall
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: This winter’s epic snowfall in California’s mountains has been a bonanza for skiers, but it doesn’t mean the state can call an end to an even more epic drought… Link to Story
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Municipal Bond Credit Report: U.S. Jobless Claims Rose to 286,000 Last Week
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Filings for jobless claims increased at the start of the year as businesses contended with Omicron-related disruptions and adjusted workforces following the holiday hiring season… Link to Story
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Municipal Bond Credit Report: States Are Swimming in Cash Thanks to Booming Tax Revenue and Federal Aid
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Numerous states are proposing tax rebates and bonuses for public workers as the fiscal doldrums of early 2021 give way to fat times fueled by booming markets, growing incomes and federal aid… Link to Story
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Municipal Bond Credit Report: Inflation, Supply Chain, Omicron Expected to Take a Bigger Toll on Global Growth
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The pace of economic growth both in the U.S. and globally is likely to decline more sharply than previously expected, the International Monetary Fund says in its latest forecast, citing inflation, fallout from the Omicron variant and chronic supply-chain problems… Link to Story
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Municipal Bond Credit Report: U.S. Retail Spending, Manufacturing Drop as Omicron and Inflation Surge
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. retail spending and manufacturing slowed at the end of 2021 as the Covid-19 Omicron variant and inflation surged, early signs the latest complications from the pandemic could be weighing on the economy… Link to Story
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Municipal Bond Credit Report: Texas, Arizona Have Recovered All the Jobs Lost When Covid-19 Hit
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Texas and Arizona have joined two other states in recovering all the jobs they lost at the start of the Covid-19 pandemic, leading a trend that is expected to include another dozen states by the middle of this year… Link to Story
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Municipal Bond Credit Report: North Las Vegas ratings continue upward trend with Fitch boost
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: North Las Vegas, Nevada, received a two-notch bump from Fitch Ratings Wednesday to BBB-plus from BBB-minus furthering the city’s upward ratings trend that began in 2018… Link to Story