Tag: Municipal Bond Credit
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Municipal Bond Credit Report: NY City and MTA: Will they go down together?
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The financial crisis engulfing New York City and the state-run transit system that serves it has generated buzz of the possible demise of both… Link to Story
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Municipal Bond Credit Report: U.S. Home Sales Rise to 14-Year High in October
Categories: UncategorizedMunicipal Bond Credit Report: Sales of previously owned homes rose to a new 14-year high in October while median home prices again hit new highs… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Claims Rise Amid Coronavirus Surge
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The number of applications for unemployment benefits rose sharply last week, indicating continued challenges for the U.S. economic recovery as coronavirus infections increased around the country… Link to Story
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Municipal Bond Credit Report: Oklahoma revenues fall 4.1% in October as downturn continues
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Oklahoma gross receipts to the Treasury continued to decline in October as individual income tax collections dropped by 7.5% from a year earlier, indicating the state’s economic downturn has yet to subside, State Treasurer Randy McDaniel reported… Link to Story
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Municipal Bond Credit Report: O’Hare airport gets Moody’s outlook cut to negative
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago O’Hare International Airport’s debt-fueled expansion plans combined with the COVID-19 pandemic’s air travel blows led Moody’s Investors Service to move the airport’s rating outlook to negative… Link to Story
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Municipal Bond Credit Report: State referendums on taxes were split in 2020
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Statewide referendums on taxes had mixed results on Election Day while eight measures in five states to legalize marijuana and in three states offering tax breaks for veterans received universal approval… Link to Story
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Municipal Bond Credit Report: Governments Set to Show More Patience in Tackling Pandemic Debts
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Government debts are piling ever higher as the coronavirus pandemic heads toward its second year, with many businesses and households in parts of the world still reliant on the public purse to stay afloat… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Claims Slip but Hold at High Levels
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: New applications for unemployment benefits fell sharply last week, suggesting layoffs are easing as the broader economy flashes signs of improvement… Link to Story
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Municipal Bond Credit Report: More High-Yield Muni Borrowers Are Defaulting but Investors Still Want In
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Covid-19 is wreaking havoc on the market for risky municipal bonds. Investors desperate for tax-exempt yield are still piling in… Link to Story
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Municipal Bond Credit Report: Sale or debt restructuring eyed by bankrupt Michigan retirement village
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The fate of $52 million of municipal debt is at stake as the Henry Ford Village, Inc. continuing care retirement community in Dearborn, Michigan, makes its way through a Chapter 11 restructuring triggered by mounting debts, the COVID-19 pandemic, and an inability to tap the market for near-term relief… Link to…