Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Cuts to Boston-area transit are short-sighted, advocates say
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Massachusetts Bay Transportation Authority’s proposed steep service cuts to help balance an operating budget ravaged by COVID-19 have prompted transit advocates and elected officials to question whether the moves are short-sighted… Link to Story
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Municipal Bond Credit Report: U.S. Job Openings Are Rising Closer to Pre-Coronavirus Levels
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The number of job openings in the U.S. has climbed since the spring and is now nearly back to the levels before the coronavirus pandemic hit the labor market, a sign of continued economic improvement despite a surge in infections and fading fiscal support… Link to Story
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Municipal Bond Credit Report: Public finance sector optimistic about Biden presidency
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Public finance sector officials are optimistic a Joe Biden presidency will mean strong financial support for state and local governments as well as robust infrastructure legislation… Link to Story
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Municipal Bond Credit Report: New Jersey downgraded ahead of $4.3B sale on structural deficit woes
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: S&P Global Ratings downgraded New Jersey’s general obligation bonds to BBB-plus from A-minus Friday afternoon based on steep revenue losses triggered by the coronavirus… Link to Story
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Municipal Bond Credit Report: Bond trustee negotiates deal with bankrupt New Orleans archdiocese
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The trustee for bonds issued on behalf of the bankrupt Roman Catholic Church of the Archdiocese of New Orleans negotiated a settlement that allows bondholders to be paid interest — but not principal — during the pendency of the case… Link to Story
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Municipal Bond Credit Report: Voters delivered good news to two of California’s large school districts
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Moody’s Investors Service found credit positives in the voter approval of measures to help finance two of California’s large school districts… Link to Story
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Municipal Bond Credit Report: Drop in Jobless Rate Shows Healing U.S. Labor Market
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. labor market continued to rebound last month, as employers added 638,000 jobs and sent unemployment down sharply amid signs the economy is healing from the pandemic-induced downturn… Link to Story
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Municipal Bond Credit Report: Job growth stronger than expected in October, unemployment rate slides to 6.9%
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Employment growth was better than expected in October and the unemployment rate fell sharply even as the U.S. faces the challenge of surging coronavirus cases and the impact they could have on the nascent economic recovery… Link to Story
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Municipal Bond Credit Report: There are ‘pretty high’ risks of the U.S. economy backtracking, Moody’s economist warns
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. economy, which has shown signs of recovering, could see its prospects turn given the intensifying spread of Covid-19 in the country and a lack of additional support measures, said Mark Zandi, chief economist of Moody’s Analytics… Link to Story
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Municipal Bond Credit Report: U.S. productivity increases solidly in third-quarter
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. worker productivity increased strongly in the third quarter, depressing unit labor costs, suggesting wage inflation could remain tame as the economy recovers from the pandemic… Link to Story