Tag: Municipal Bond Credit
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Municipal Bond Credit Report: The Economic Recovery Is Here. It’s Unlike Anything You’ve Seen.
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. economic recovery is unlike any in recent history, powered by consumers with trillions in extra savings, businesses eager to hire and enormous policy support. Businesses and workers are poised to emerge from the downturn with far less permanent damage than occurred after recent recessions, particularly the 2007-09 downturn… Link…
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Municipal Bond Credit Report: Jobs Report Could Be Pivotal for Federal Reserve
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Friday’s jobs report is shaping up to be a pivotal data release for the Federal Reserve as it charts a plan for ending the easy-money policies that have propped up the economy and markets for more than a year… Link to Story
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Municipal Bond Credit Report: Inflation in Rich Countries Hit a 12-Year High in April
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Consumer prices across the rich world rose at the fastest pace in more than 12 years during April, as central bankers try to figure out whether shortages that have emerged as the global economy reopens will prove transitory or have long-lasting consequences… Link to Story
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Municipal Bond Credit Report: U.S. Jobless Claims Extend Decline to New Pandemic Low
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Worker filings for jobless benefits fell again to a fresh pandemic low, extending a steady downward trend and adding to signs of a healing labor market and a broader, though uneven, economic recovery… Link to Story
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Municipal Bond Credit Report: Providence is ready to roll the dice on a pension bond
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Red flags waved as Providence Mayor Jorge Elorza proposed issuing $704 million in pension obligation bonds to deal with a pestering unfunded liability problem in Rhode Island’s capital city… Link to Story
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Municipal Bond Credit Report: Illinois looks to its own coffers to pay off MLF loan
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois will dip into its growing pot of tax revenues to pay off the remaining $2.175 billion of outstanding debt borrowed through the Federal Reserve’s Municipal Liquidity Facility to manage last year’s COVID-19 tax blows… Link to Story
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Municipal Bond Credit Report: University of Illinois gets S&P ratings bump and regional school outlooks stabilize
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The tide has turned for some Illinois public universities’ already bruised ratings as COVID-19 pressures on their balance sheet and state funding levels ease… Link to Story
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Municipal Bond Credit Report: U.S. Home-Price Growth Accelerated in March
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Home-price growth climbed in March to the highest level in more than 15 years, as strong demand continued to outweigh the housing supply… Link to Story
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Municipal Bond Credit Report: Costly fixes for water and sewer utilities could pressure ratings
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Water and sewer utilities would need to issue three to four times as much debt as they have been to fund the level of projects the Environmental Protection Agency says they need, according to Moody’s analysts… Link to Story
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Municipal Bond Credit Report: State credit quality stable despite pandemic, Conning says
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: States are well-positioned to emerge from the COVID-19 pandemic, investment firm Conning said in its annual State of the States report… Link to Story